Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities. 

Most credit collection agencies are limited to sending demand letter for an initial fee of $200 to $240.

Staying Flexible in NegotiationsAs agents, licensees are bound by ethical and legal rules that may limit how they negotiate or market deals.

Staying in one market can limit long-term growth.For example, in my case, while we currently manage investments in Europe, I am evaluating the possibility of investing in the U.S. soon.

Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.

Seems very limiting for the investor.  

While an LLC offers liability protection, it does not change how taxes are reported unless treated as a partnership or corporation.

Short term, leaving financing in place during rehab prior to resale — great strategy with limited risk to either party. 

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

My initial thought is that the developers may have gotten a much better deal than they would have otherwise given the clear limitations on the land's use.