Otherwise you risk a plaintiff/claimant "piercing the corporate veil" and challenging the validity (and thus protection) your entity provides.Sorry for the rambling answer, but I warned you at the beginning!

But still lots of cash flow in Pierce, Thurston and Lewis counties. 

If they can pierce the corporate veil.In regards to your question about a Scrop: There are two main ways a Scrop can be set up.

Either way, getting the proceeds directly in your name, or transferring them from the LLC to you after, probably Both make it easier for someone to pierce the entity veil later on, assuming this is why you have the LLC, as you are commingling/moving the money back and forth between you and the LLC....showing that you and the LLC are really one in the same....easy pickins for an attorney. 

An LLC is easy to pierce.....

If you do get sued, the prosecutor can "pierce the veil" of the LLC, eliminating the limited liability and getting at your personal assets.If you have partners, I think having an LLC for each property would work well.

I'm a full-time investor in Bremerton, and I venture to Pierce and King county as well at times. 

I'm currently working in the Pierce and King county areasLook forward to hearing from you,Sandra Utley

I would like to be apart of this thread because I, too, am going toward Tacoma/pierce/western Washington midsized Multi-Family in the nest 12 to 18 months so Im gonna leave this comment to make myself apart!

Originally posted by @Kapil Patel:@Dino Pierce Do you need to be an accredited investor to participate in Equity Partnerships for multi-family communities?