The primary purpose is to assist eligible veterans in purchasing, building, repairing, retaining, or adapting a home for personal occupancy.Asset Protection Strategies: If your goal is to protect your assets, there are other strategies you might consider:Insurance: Obtaining adequate insurance coverage, like homeowner's insurance and umbrella policies (as @Greg Scott mentioned), can provide a layer of protection against liabilities.Homestead Exemption: Some states offer a homestead exemption that can protect a portion of your home's value from creditors.Trusts: In some cases, placing the property in a trust can provide asset protection, although this can be complex and requires legal expertise.Legal and Financial Advice: It's crucial to seek advice from legal and financial experts.

Shop around to see where you can get the coverage you want at the price you want . . . we have done well with Steadily as they shop carriers and can get what you want for the specific situation you are in. 

In my coverage area, New Brunswick, Perth Amboy, Carteret, Union, Elizabeth, Plainfield, Bound Brook, Dunellen, North Plainfield, Manville are just a few off the top of my head that are big rental towns. 

It seems fair, but definitely comes down to the debt-service coverage ratio, FICO, price, etc. 

We hope to have paid-off 5-10 small multi-family properties in the Tulsa area by retirement age that should supplement our 401K's and Social-Security income.Area: West Tulsa (blue-collar neighborhood)Property Price: $360KAverage rents: $3000-$3200 (duplex)Has anyone heard/worked with Marc Ruiz in Tulsa?

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

And much less risk in terms of collections because you don't have to worry about evictions or damages (assuming your property management has the right coverage).And yes, you can easily point to the bust in 08 causing prices to drop or the covid rents coming back down as big changes. 

Specifically, I'm interested in exploring options that align with a 25% down payment and Debt Service Coverage Ratio (DSCR) loan.If you're a seasoned broker familiar with Birmingham real estate and have a track record of success with investment properties, I'd love to connect.

I am a former insurance agent and was presented with multiple certificates of insurance that when I went to verify them they were actually not valid and/or the insurance was not the proper type for the work being done or may not have extended coverage to any workers or employees or contractors they were planning to bring on site to wortk.

Barista FIRE: quit W2 job, and work part-time to supplement all the investmentsFat FIRE: Living a pretty extravagant lifestyle (e.g. the social media gurus with their cars, traveling, etc).