@Stephanie Garcia Also has anyone ever used Legal Shield or prepaid lawyers??

For example In my situation we like to say i’m the sword and shes the shield, as in I go out and look for investments and develop the skills I need for it and shes the budget and risk analysis.

Well, when it comes to filing taxes I usually don't rely on the kindness of strangers (especially when they have no liability), but if you think getting a lot of replies (some conflicting) will help you make up your mind - Have at it.Honestly, am not trying to be a jerk (as you can see it comes naturally), but your tax guy is the best liability shield against the IRS you have. 

However given the current virus climate you should have cash or access to cash so you can use it as needed for reserves and rainy days.

Call mills and mills aka known as legal shield.

The seller can be shielded from this by doing a one-sided or blind HUD-1 if this is allowed in your state. 

Here is a detailed list of common exclusions in landlord policies that can pose significant risks to property owners:Toxic Mold & Environmental Contamination – Most policies exclude claims related to mold, asbestos, fentanyl, viruses, bacteria, lead paint, or other environmental hazards.

Whatever investment you want to make I strongly believe it would be maximized by using life insurance because it is shielded from lawsuits or bankruptcy.This sounds totally unethical and borderline criminal.

I would hope that methods like brrrr and having 20-25% equity would help shield an investor.

Additional to the "1 property per year", I also make it a goal to shield all of my W2 income with my REI each year.