We all survive and I have enough $ in the bank for my mortgages to be covered.

Our grandparents didn't invest under an LLC, and they survived.

it was vicious.what I liked coming out of this was so many that were bought with cash those folks don't lose houses.. and if someone is buying in this model I personally feel they need at least 10 to 15k in reserves on a hand to sustain a bad tenant run. the negative cash flow folks were CA  NV  AZ FLA  ..

I am not sure I would have survived or even started investing being a small time landlord if these laws had been in place when I started investing.

So far all but a few pillowcases have survived for 7 years of guests. 

@C Rutherford you may not want to hear this, but:YOU CANNOT SURVIVE OFF THESE 5 RENTALS!

Are they seeing more headaches and problems in their model? I

Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!

Don's model is basically what I'm trying to do as well.

I believe you can do this but it will not allow guests to switch between modes.