What I'm proposing and the rest of the investment world is a secured asset-based investment.

Whether it's off-market properties, distressed assets, or value-add opportunities, I'm open to exploring various options.Thank you all for welcoming me into this community, and I look forward to engaging with you and learning from your experiences.

While I have 25 “doors”, my cash flow is such that I actually need about 45 “doors” at my current rate to be where I want to be financially and then to continue on from there.

Once and if you get a judgment, you will still have to perfect it by collecting on it.Based on the information you provided about the contractor’s financial condition, collection seems unlikely.Sometimes it is best to take a loss and gain by the lessons it brings.

To keep it simple if you have good credit and a decent amount of assets this will depend on your market on the amount needed but try to always have access to a good amount.

We pay the fee but we do not expect that it provides any real asset protection because our properties are not owned via the LLC. 

To make the best choice, carefully calculate the financial implications, align with your long-term goals, research the market for larger buildings, and seek advice from a tax professional to navigate potential tax impacts.

Your insights on leveraging equity to speed up the journey to financial independence totally make sense.I'm also focusing on the Texas, Washington market, drawn in by the tax benefits and promising opportunities.

I really need to get a better handle on the financials.

But you’re still told by financial experts/advisors to stick hundreds of thousand in to them and pray for appreciation.