As a result, in a public search, the governor name would be me.If I set up a Wyoming LLC and modify the Operating agreement to have my WA LLC to be 100% owned by my Wyoming LLC, I assume I would still have to list a natural person as the governor of the WA LLC, and my name would still show up there.

@Scott Trench, you’ve more than adequately explained the two opposite scenarios for subject to.  

My hesitation was first of all the price, second of all the very hands on nature where for that price I felt like it should have been done for you, and third the relative opaqueness of the program itself.

It’s just the nature of the business.

Natural market cycles are a good thing because it washes out the low performers- seems like this is what is happening?

Are you sludge hammering out the old coal heating systems for modern natural gas Forced air HVAC units?

But depending on the nature of your tenant they may just opt to stop paying rent, walk,  and see if you chase after them - to which the usual answer is: it probably isn't worth it.So what we do is say, "Look - the lease says 2 months -but really we just don't want to be out any rent.  

While I support the free market nature of the housing market, if the government insists on intervening, perhaps allowing landlords and investors to have input might be a good idea.

I would suggest watching some youtube videos, come up with your own variation of someone elses script and practice it until it sounds natural.

For true private money lenders (not hard money), both parties naturally need to be protected but more so the lender since their money is at risk.