Listening to someone else talk about is not the same as actually experiencing it.Hi Bigger Pockets, I'm Ellis, a new member and a newbie investor.

Hi Jeffrey and Dan,My wife and I currently live in Hudsonville and are a young couple that are looking to get into bigger multi-units in this area.  

Kristin is a smart investor, and I agree with much of what she says on Bigger Pockets.  

@Greg FaulconbridgeWelcome to Bigger Pockets.

I love the Bigger Pockets community, but  I think it does a diservice to the "1% rule". 

Good afternoon Bigger pockets.

Hello Bigger Pockets community!

Things to consider:1) Depending on the state you live in, an LLC may not provide as much protection.2) If you don't keep your finances perfectly separated (and even then it's not a guarantee), an LLC may not provide you protection.3) You'll end up paying more in your mortgage and your LLC costs.For those reasons, especially for your first one, it's generally fine to just get a lot of coverage in umbrella insurance (or a lot of personal liability coverage in the property insurance that you'll carry).However, I'd be very interested to know if any BP member can say that an LLC did prevent them from losing money or getting personally sued at some point -- I haven't seen that posted.

I think you'll find many like-minded folks here who are working W2 jobs and also launching their REI career...it's challenging but so worth it.If you haven't subscribed to the Bigger Pockets podcast yet, I can't recommend it highly enough.

Or are you trying to buy something bigger?