I know a gun sounds good in theory, but there are safer ways to protect yourself. 

Consult an attorney or CPA to structure this correctly and protect your LLCs.Hope this helps and be careful!

Until then, it seems current tenant is on the hook and my income stream is protected by law.

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?

She says that it won't be shared, but of course if it is for their records, it is also to protect them in case there is litigation.

Separate LLCs and bank accounts are needed for asset protection, bookkeeping and tax return preparation. 

Rental properties are excluded from 50a6 law however lenders sometimes chose to follow it still as an overlay (additional layer) to provide protection because sometimes borrowers falsy their occupancy to exclude them from 50a6 law (like saying you dont live there and pretend living elsewhere when you in fact do as a borrower live at the aforementioned property).

While designed to protect tenants, rent control has adverse effects on the broader rental market.

To protect the floor or more importantly the lower level ceiling in the case of a leak/overflow form the washer. 99% of them never do anything their entire life. i would have balked at a $500 estimate for that job.Ps.

Question: does anyone have any suggestions on how to protect myself if this happens?