We've created a concept called the Three Pillars of Real Estate® --> Market Cycle Debt & Exit Strategy.Once you learn how to use all there in conjunction, your risk decreases, and you start to build a real estate business.DM me and I will send you a copy of our book Creative Cash, which dives into the topic in detail.Gino

When you're a Con it presents a concept of image that we are all con's.  

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

It's an interesting concept!

But before I give you my play-by-play, let me first overview what this concept includes for anyone new to property management or owning rental properties. 

Is one a growing concept and the other is retracting?

Along with the concept  of leasing properties to an LLC separating personal assets being flat out wrong, there is also no mention of leasing a property to an LLC for additional liability protection. 

There is a legal concept that when a contract is ambiguous that it will be interpreted in favor of the party that did NOT write the document.

The concept of absolving themselves of personal guarantees , most likely is the biggest reason to sell.

I was raised by "Poor Dad (parents)" who taught me those concepts growing up, and is still mostly their values, but they were also lucky enough to have lived in a time where that worked well enough for them as they retired with a very nice nest egg.