Hi Hendrick,Before deciding on a series LLC, you might want to discuss with a California lawyer if there is a possibility that a California judge could rule or deem your series LLC as one big LLC (collapse it), thereby exposing all of the sub LLC's assets to judgement.Good Luck!

With the stock market or things like REITS I just stick my money in and pray, but with real estate I feel like even in the worst case (except for large scale global real estate market collapse) that I can go into my property, do some hard work and at least be able to get out of it for what I have in it. 

in DC rents also went up during the housing collapse. 

There are times when all the calculations go out the window and all the plans collapse.

I know I bought my first home as a condo, built in 2007, in the run-up to the great collapse.

Without tenants, even the most prestigious real estate portfolio will eventually collapse.

Now, it's that the houses are completely on the verge of collapse, and listing agents are accepting retail non-203k non-FNMAHomeStyle offers with quick closes, and then getting upset that they aren't closing fast due to the condition of the collateral, because they've deluded themselves into thinking that "hot market" somehow means that the Uniform Standards of Professional Appraisal Practice and Fannie Mae property standards (not FHA, Fannie Mae) have gone out the window.

Alan Greenspan gave the Irrational Exuberance speech years before the dot com collapse.  

Trying to put together my fears of another economic collapse like 2008 and how it would affect my aggressive investing strategy right nowRisks:- massive loss of jobs and therefore possible loss of rental income- government cutbacks of sec 8 housing and welfare- lenders (hard money and refinance) not lending - Appraisals coming in way low for fear of appraisers losing their licenses- overall decline in housing pricesPersonally I think this would be a pro as there would be more deals out there, and long as there are lenders

There are 5 base models you can choose from if you don't want the hassle of designing your own home with architects, especially since most of my ideal buyers won't speak Spanish, and the owners of this property have a contracting company that buyers can use, which we recommend as the main contractor is European and has built castles by hand, as opposed to the Ecuadorean contractors who build homes that collapse in 10 years.