This thread is perilously close to turning into an attack on certain posters due to their opinion(s).  

You aren't going to attack the highest quality tenant base in that neighborhood so Section 8 is gonna guarantee that the rent payment keeps coming in consistently.

Its clearly New York.. we mentioned Hamburg shortly after..Welcome to BP  you have been very helpful with you first and thanks for just attacking what I said.

I’ve gone back and forth on the same question and have decided to first attack our loans through some wholesale deals that I’m gearing up hopefully get. once we have zero debt (other than a mortgage), then we will start pooling money for rentals/flips.

If you take the Pace Morby advice you take all that wholesaling energy and look for seller financing and sub2 deals to attack.

In case of internal liability, you risk loosing all the content of the box.If you put all your properties in the same box, an attack into one risks all of them.

Outside liability when you are personally attacked for your personal actions or your kids through vicarious liability (think your son is involved in a DUI and kill someone whose family is suing you for damage).

If you read my reply ton your post again, you'll see that I wasn't criticizing you or attacking you in any way.

My purpose is to reduce the fear associated with an out-of-control legal system set up on extracting assets through Legal Extortion Rackets by protecting your wealth from such attacks, while leaving you with both control and beneficial use of your assets.

The ad hominem attacks have flowed at every turn with him and yet I have not done that to him.