That's a good note that I'll commit to memory. 

Since Majority of us have a deep memory of the 2008 crisis and most of us have preparation already.  

So maybe my ultimate philosophized answer is that the best place to live in 10 years or today, when you're rich or when you're poor is in the hearts and memories of your children and the people you have impacted for good on your journey.If you define success the right way you'll always achieve it.  

Here @Nick Vollrath, diagram for your question:

The Cape is a great place for a small business from Memorial Day to Labor Day. 

Get the deals going first, build some equity and cash flow, set them up with proper insurance and umbrella insurance coverage, establish proper maintenance and property management, then look into structures, entities and strategies for asset protection.Here, a diagram to help you on this path:

@Dave Foster@Kristen Bouvier ScovilleI remember reading somewhere, probably here in BP, that it is BEST for the Buyer of the Property to NOT take the Property via the purchase of the LLC.The problem for the Buyer is that any pending or future Lawsuits that would be filed against the LLC can affect the new Owners of that LLC.This is all from memory so I don't know if this is 100% Correct.BUT... if it were me purchasing the Property, I think it's too risky as I would inherit any potential problems from the past history of the LLC, even if it has a good Credit History.Just curious what you think.

I would however, remove that inspection from your memory so that it does not cloud you on future deals.

They used to not allow them in Texas (if memory serves), but I can check on it. 

Progressed to a point where I had my 6 figure dream job, made a lot of memories and got to do a ton of cool stuff.