The point of asset protection, with any system, is not to hide assets or avoid taxes, it is to create dams or road blocks, as many as you can, to make the other party, the plaintiff's lawyer have to keep jumping through.

Most landlords are so dam lazy and have such a defeatist attitude that they never bother trying to collect.

One thing we will not install is gutters, as the risk of ice dams in Maine are too great.In terms of insurance, we carry a $5,000 deductible because we really don't want to be issuing claims.

Here are the rules:https://www.chicago.gov/content/dam/city/depts/dol...I think you can also just call the zoning department and ask them their opinion.

They should not give a dam about applicants from away.

A lot of the housing stock here, even in the neighborhoods that you mentioned is at best 60-70 years old and worst 90-110 - there are going to be warts with alot of properties and those without, you are going to pay a premium for.That being said the areas you mentioned are certainly more stable and reliable than the New Kensington, New Castle, Beaver, Mount Oliver, (insert Eastern neighborhood here) where you can find houses for under $20,000But as @Andy Madden mentioned, anything is possible with the right networking and finding value-adds offmarket.good luck!

I'm looking for an attorney who specializes in dams.

As a final consideration, being worth $700 million sounds dam impressive, but often folks can be property poor if it is not generating income. 

Many stay for 5 years at a time, and they often renew their contracts.Do you have long term development project going on nearby, dams, solar or wind generation facilities,  or many new businesses such as a car factory starting that will bring in management from other locations? 

As soon as the rates increased, the brass rose the rents and I'll be dam if the leases still didn't start coming from people who saw how much more buying was going to cost them.