Louis Vargas, Sean Brennan, Nicolo Nisbett, Tim Walls, Ann Bellamy Thank you for the warm welcomes :)

I'm thinking you want warm, soft, inviting carpet instead of tile.

Thanks everyone for the warm welcome.

I appreciate all the warm welcomes.

Thanks everyone, for the warm welcomes.

Matt Stoker, thanks for the warm welcome.

Before I go to bed, I just wanted to say I do have a heart, maybe to a fault.

If I were the parent my discomfort would come from the quick change of heart in your plans.

With an LLC the Operating Agreement is the heart of the business and it should be tailored to not only standard provisions but to the concept, business strategy and conduct or responsibilities of members.

Welcome Matt:That is a big ol question sir, and a warm welcome.I personally go for LLCs and insurance for asset protection.Short answer:If you vest all your properties into one LLC and something catastrophic happens, and they get a cutthroat attorney that wins a $5 bazillion judgment. . .They take EVERYTHING contained in that LLC.Whereas, now lessay you put each property in its own LLC (ridiculously and prohibitively expensive here in California-$800/year per LLC), and they get that same $5 bazillion judgment.Only the LLC that got hit will be liable.That is the end of my non-laywerly advice.YMMV, and hope this helps,Tevis