From this perspective, yes, I am still legally responsible.But how can both people be legally responsible for the same loan?

People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California Fair Plan. 

You could then again qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes.I think that people can get rich in this way without any tax burden.

In 2025, it is projected at 11.119 deaths per 1,000 people, up from 11.026 in 2024.

But some (Dave Ramsey) people would rather have just a few paid off properties making just a little cash flow.

I like to hear other people's opinions.

One thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

Great bunch of experienced and helpful people. 

I'm not looking for partners, but rather people to collaborate with as I'm working to scale my business.  

Lenders will want to see the filed Articles of Organization, an Operating Agreement that you can get from your attorney or, if you're brave and it's just you on the LLC, some people use Legal Zoom or Law Depot.