I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ? 

Umbrella Policies are good, but they are not an asset protection tool, they only cover litigation/damages after you’re already in litigation or found personally liable.

Check out this site - https://theluxurypergola.com/blogs/louvered-roof-info/hurric...They cover wind resistant pergolas in general but I would make sure whatever you get will be able to stand up to hurricanes that happen there from time to time.

Thank you Brian, I really appreciate the feedback and this is what I will do.My plan is to get a job when I graduate to not only get that experience but also cover my livign expenses while building a portfolio on the side.In terms of buying my first deal, I haven't been able to move the needle because, where I am, for example, small multifamily is trading at around 5.5% caps and rates are 6.5% .

Or maybe the units aren't equal and one rents for $2800 covering most of the cost of living there. 

My goal is to live in the home during the winters, maybe 3-4 additional weeks for vacation, then rent it out to help cover the mortgage the rest of the year.  

There is a lot of stuff to cover, so try to make as much time for it as you can while working your W2. 

To deter the break-ins you need to have window coverings on all the windows, a light on and not advertise that the unit is vacant.

Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.

As noted, if your options are Reg D, private offering vs fully registered public offering, even if you are talking Pink Sheet (OTC) stocks, you have public filing costs, annual audit requirements, and likely more on-going expenses that have to be covered by the property(s) owned by the offering.