It is reasonably priced per property and seems that it has been created by engineers specifically for properties worth less than 1.2 million and has audit protection.

While designed to protect tenants, rent control has adverse effects on the broader rental market.

Until then, it seems current tenant is on the hook and my income stream is protected by law.

I know a gun sounds good in theory, but there are safer ways to protect yourself. 

Consult an attorney or CPA to structure this correctly and protect your LLCs.Hope this helps and be careful!

While it uses partner banks to provide banking services, your FDIC-insurance protection may be limited.

Question: does anyone have any suggestions on how to protect myself if this happens?

She says that it won't be shared, but of course if it is for their records, it is also to protect them in case there is litigation.

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?

Separate LLCs and bank accounts are needed for asset protection, bookkeeping and tax return preparation.