The individual who owns the real estate in their personal name  but understands these key principles is also better prepared to address any claims or conflict if and when they arise than the individual who owns their real estate in an LLC and ignores these important operational functions. 

BRRRR, much like making money in general in real estate, requires certain conditions  for it to function.  

Cash flow, principal pay off and of course appreciation are all a function (percentage) of your portfolio value. 

I have helped dozens of people buy and sell functioning homes.

I believe most investors are better served hitting singles locally than swinging for the fences (and usually missing) in outside markets they don't know and with far less control over the day to day functions.

Some consumers have never liked it, but things still function perfectly normal in those states.

Basically look at potential failures and determine their impact.Use the lookup function on my name and What happens if you die?  

I personally think it is a function of the market cycle, and real estate is where money is currently flowing.

I'm an agent in Oklahoma and we have a Seller Finance addendum written up by the state real estate commission that functions just like an FHA or Conventional Loan addendum to a sales contract.This is, of course, standard when you purchase a home with bank financing.

It's a function of the market cycle.Great postGino