2.How protected is your money? 

What protections should I be taking so this doesn’t happen again?

Also, you had better maintain the LLC properly or it provides no real asset protection.If properly managed, an LLC can provide more asset protection, but your first line of defense will be managing your property well and the second line of defense is good insurance.If I were Jeff Bezos, I would not put a property in my name because it would be a lawsuit target. 

@Brandon Stiles - As the licensed general contactor, you should still have workers compensation insurance of your own because if your subcontractors some how end up with guys on YOUR job site and they get hurt you are still liable.GL and umbrella policy will NOT protect you against workers getting hurt on your site.

@Aaron WatkinsIt's fantastic to hear about your real estate journey and your goals for financial freedom.

Consulting with a local real estate advisor or financial planner can provide personalized insights based on your specific situation. 

One of them is financially responsible but the other will have possession of the property and you also want them responsible.

It is a very case by case scenario and the two people who could advise you best would be a CPA and/or an asset protection attorney. 

Additionally, I aim to refine my approach to financial analysis by adopting a structured formula for calculating investment metrics tailored to my investors' needs.

@Abdiel Danastor Congrats on taking steps towards financial freedom!