LLCs and trusts have totally different functions when it comes to asset protection.  

This is basic case where bad sponsor doing high risk investment in bad times …I was one of the small investor for very large SF rental fund out of Florida but got litigated by SEC three years ago and handled by receivership court now.three years later we got at least out 80 percent money back LOLBtw , every new kid can make money in 2016, but if they can survive 2022 that’s your guy :)So don’t afraid to make lawsuit against these company …Carlos seems to be more experienced in this than me, so feel free to disregard my comment at your discretion.  

Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.

Check the County court records.

With real estate, you have to make sure each property is functioning at full capacity or you’ll be losing money.You can analyze properties and be pretty sure (as long as you don't rationalize bad deals into good ones) what your numbers will be. 

https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporate“We note this is a preliminary injunction, and we urge reporting companies to pay attention for additional updates and proceedings in this and other cases which could modify or change this order.”

If the tenant has low net worth, a court judgment is practically worthless.Taking a week to vet a tenant can save months of headache.

Building a sport court will run like $30 grand, but would increase your rental value. a 6bedroom 4 bath house with a sport court, hot tub, fire pit, mini golf, arcade etc. will most likely crush it because it's cool.

I use Wisconsin Legal Blank forms, they are inexpensive and court-tested.

I believe this is the type of Person BP should be courting for pod casts or whatever type of presentation your contemplating in the future to help guide your BP members that are starting out.