The plaintiff attorney now sees an “unprotected” “juicy” $375K equity available to pay a creditor judgement, and of course his 40% contingency fee.   

.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.

Also there is a management fee to pay for all of the above.

Get clarity of your true financial situation and any hidden earnings potential3.

If you find a great local manager, you can keep the money above the management fee.

Hey @Mario Richardson, To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

@Jake Baker right, if you have clean accurate books this is it, but may also lower you CPA fees. 

My question is based on the following:lets say you put down 20% on 300K property which is 60k (plus closing costs ) and you are breaking even with you mortgage + other expenses(taxes ,management fees,...) included.

You won't likely get large assignment fee with these groups, but they can work for specific properties.

Mcdonald's hits their franchisees with tons of fees and has garnered it's easier to offer support and collect than to manage tons of employees store to store.There are a few parent corporate owned stores but not many.Mcdonald's doesn't pay very much rent most of them sell for 2 million or so.