If you go to South King or Pierce County, you can find 7-9%.  

LLC's and other entities can be easily pierced by any competent attorney who is dead set on getting to you and your personal assets.

YES, a good lawyer can sue you personally as well, but they will need to prove a few things to "pierce the corporate veil" (the legal terms of being able to go after you personally).....they can do that a number of ways, but in general they would need to prove that YOU were fraudulent in your dealings as the owner of the company.Check this for a quick and dirty read on how that can happen...http://www.nolo.com/legal-encyclopedia/personal-li...Yes it is a good idea, but you have to follow the rules in order to be able to insulate yourself.

The tenant would only have the right to bring a judgement against the company and it's assets, and not the members or member.Clearly defrauding someone would be out of the scope of this thread, as we are talking about people running real business without the intent to defraud people, which is the main avenue to pierce a vail in the court systems today.

I don't own in Tacoma yet, but all the Pierce County multifamily investors I've met are pretty keen on the area long term largely due to the big-scale economic factors.

There is a chance, if the HOA wants to pursue it they could pierce your corporate veil if you are a single manager LLC and attempt to collect from you personally.

They can easily pierce an LLC if they get a decent lawyer.

In a trust your not personally liable in a single member llc the judge “ pierce the veil “ like a wet paper bag if you screw up .

Also, one has to abide by the rules so the entity is not susceptible to the corporate veil being pierced.

We are buying lots of houses in Tacoma and Pierce and there are some incredible deals right now in Pierce.