That being said STR is still a great investment vehicle, but more stringent and conservative underwriting should be adhered to.

They indulged in luxurious residences, high-end vehicles, and extravagant vacations, all while their investors faced mounting financial losses.

It is important that my umbrella policy cover vehicles for reasons that are not important.  

It takes a bit of time but unless you have some great legal advise and follow it precisely, the promised anonymity is not there in most cases. 

They are really good and once/twice even suggested finance vehicles I had not considered that saved me money.

And, as you're rightfully suggesting, real estate isn't a one size fits all investing vehicle.

Hi Mohammad-My pleasure and thank you for the follow-up question.I think you are in a great position and wise to be thinking about real estate investing as one of the vehicles to not only create passive income streams but offset your W-2 income.One of the strategies I see the doctors doing that I work with is purchasing short term rentals as they are more actively managed and it helps them be seen as a real estate professional for tax purposes based on the number of hours they are working in their real estate business which helps offset their W-2 income.

It's just switching out one retirement vehicle for another, and you have to do what's right for you.

In my experience, lots of section 8 recipients have limited access to personal vehicle.

This company operates precisely the same as ShowMojo.