Also assuming your practice is going well, consider talking to asset protection attorneys.

The reality is they are using the investors money for the downpayment, they are getting a huge 80% loan that is non-recourse and they have the private offering to protect them with full disclosure in case the market drops. on the way up investors make 30% easy and even the syndicator will brag about it and will tell the confused investors who cannot even calculate IRR on their own to stay with them as they roll their invested money plus returns forward through a 1031 exchange and now they got even more units to brag about.

Hi Dyanne,What’s your plan to protect your wealth when the market takes a turn?

Hi Ricky,Being in operation for 10 years with mid seven figures of assets and NNN leases,it would be wise to speak with your tax advisor regarding if the tax set up should be an LLC, an S-Corp  or a C-Corp.It would also be wise to speak with an asset protection attorney to find out if this is something that might be beneficial to you in that area.

Quote from @Anthony Therrien-Bernard: Quote from @Kyle Mccaw: @Rafael Valdor You’re absolutely right to prioritize tenant screening—it's one of the most critical aspects of protecting your investment.

It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.

Choosing an STR-friendly area can save you significant hassle and protect your investment in the long run.

He taught deal structuring that has helped many make & protect wealth. 

Having a mortgage and your normal STR insurance is already 2 levels of protection. 

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.