While all the posts have at lease some legitimate points, I personally believe camp 1 is missing the opportunities present to protect assets under US law mostly because they don’t either understand asset protection, or don’t want to bother with it, so rather than do a proper evaluation they dismiss it as something that won’t work to justify their unwillingness to entertain the idea.Camp 2 is deluding themselves - which delusion has been enhanced by charlatans writing books, giving seminars, and selling packaged plans all of which either attempt to hide your assets or hide the ownership of your assets.  

I knew it was a unique real estate market .. but sadly all the risks I evaluated were correct.

I recommend AirDNA subscription for picking and evaluating both markets and individual properties, a little pricy, but if you are taking the investing seriously and with a long-time horizon, definitely worth it in my opinion

With your strong equity, consider refinancing to improve cash flow, selling a few properties to reduce debt and build liquidity, or re-evaluating rents and exploring short-term rentals for better returns—all while aligning with your long-term goals.

Here are some key criteria for evaluating a Cost Segregation provider:- Seek out a Certified Cost Segregation Professional- Consider their experience with tangible property regulations.

I’ve found a core group of people that I can trust, and I’ve learned how to evaluate the borrowers and good contracts to use to protect my money, and that's helped me immensely.

To convert STR to LTR, evaluate rental comps, hire a property management company, explore multifamily properties in strong markets, and use a 5% Fannie Mae loan to buy a multifamily property.Good luck!

A business model that has always made sense to me is teaching people how to find good deals and have them bring them to me for more critical evaluation and execution where I invest my capital beside yours.

My name is Neil and I have  recently  worked with my  first  client in setting  up  a  real estate business and in order to get started, I am interested in deal evaluations and making offers as a wholesaler and with creative deals in the Los Angeles area.

But keep on thinking and evaluating, as there are niches out there where someone can develop a profitable business over time.Good luck