Just make sure you know what you're getting into by going with a FSBO since there aren't many protections in place for buyers if they have trouble closing or have an issue with the property after the sale is complete.3) Stay informed - There are lots of different websites and newsletters that can tell you about new properties on the market, including Redfin or Better Estimate, which I check regularly.

I'm not a lawyer but the LLC protects your personal finances and your other LLCs from that of the company.

If you're going to be successful, protect your reputation by treating others the way you want to be treated.2.

They set up my corporation and LLC's, giving me multi-layered asset protection

Would the property be any more protected if there were an in-state rental or property management LLC while the property is held by an out of state LLC?

I am so over getting hammered by tenants and the laws that protect them….with us taking all the hits. 

Just hoping I can protect myself from the deluge of stupidity. 

I also have some knowledge of LA rebt control, evictions, basic asset protection and have some decent LA resources at my disposal and am more than happy to share anything i have/know (for fun and for free)looking forward to seeing what other markets people are having success in and actually getting deals- i looked at milwaukee at suggestion of a friend and seems like I'm a year too late there.

Where do we get best lease that will hold up in court and protect our interests.

Is it ironclad protection of other assets to put a rental property into an LLC?