If you’d been holding around $620K from a 2019 sale and directed it toward a few properties like that.. especially if you leveraged financing.. you might’ve grown your portfolio’s total value well beyond what many Los Angeles holdings would have delivered over the same period.Then again, L.A. still has that unique mix of robust demand and limited supply.. from what I’ve heard, you can see impressive long-term gains there if you’re comfortble navigating tenant protections.

Good insurance, particularly with an umbrella liability policy provides very adequate protection on smaller assets. 

If you think of your $80K like a game of chess, your money is your king—it’s valuable and needs to be protected.

Memphis has a diversified economy, with major players in logistics (FedEx, UPS), healthcare (the Med District), and education (University of Memphis, Rhodes College).

With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment. 

It will protect you for cheaper without the additional complexity.

Because once made it, the #1 way to protect, defend, and secure that wealth for an enduring longevity is via Real Estate Investments. 

Is it for liability protection?

So you could form a partnership but it would not be allowed to purchase the property, so you will not be fully protected legallyThanks for clarifying that they're not a first time buyer program, I am not sure why I had that confused.

(Finance of America, Civic Financial, a few other players) They raised rates on there 30Y product about two weeks ago.