I asked her about the Pit Bull sticker, she turned bright red, then went into spin mode saying 'that's an old car with an old sticker'. 

The LLC will not have coverage is it gets involved with any other operation besides the management of said property.As @Rod Hanks references, at some point you may want to restructure to a commercial policy and eliminate this possible gap in coverage.

I made the comment that if one wants to really be a wholesaler or double closer you best get your transactional funding or money partner lined up or your going to be spinning a lot of wheels.Attornies may take on other risks but they risk losing their insruacne carrier so you can check

This is how they spin it.

I’m the family pioneer when it comes to REI but it’s got my mind spinning about private equity, maybe an decent ave.

And the poor, inexperienced realtor is going to continue to spin their wheels for you blindly for months.

lolI am working on a project in Oregon right now 400 lots and 180 unit MF.. our goal will be to spin the MF prop to someone who is an expert at it.. 

James, you are attempting to spin this to prove your point but you are still wrong in my book.

@Rod Yarger  I believe that here in the States is different, everybody sues people just like that and that's why I'm concerned and want to do it the right way and as a protection of myself and my assets because even if it's just one, right now is all I have so that's why I want to protect it.Now I'm going to think twice in making the LLC o just buy a very good insurance policy.

There may also be spin-off enterprises that will hire early-career professionals who will want a cut or two above graduate and certainly undergraduate rentals.