I could not imagine doing this for 40 seperate units.It seems this would be a bookkeeping nightmare for me.Is anyone using this type of asset protection strategy for 5+ properties?

I am definitely being ultra-conservative when it comes to repair and maintenance costs but still the 2-unit multifamilies do not seem to have a good cash flow. 

Good Day Bigger Pockets,It seems that I reached a road block.

Is BP letting us talk politics now that there is new ownership and a lot of rules seem to have changed?

I've seen this happen... not between a borrower and lender, but in other business situations where an attorney brought a suit against both the LLC and the individual members of the LLC.Of course, if the lawsuit has no merit and is a pure act of desparation, it seems to be a waste of funds for the borrower when discussing options with the lender could work towards a viable solution.

It seems like a decent deal when I run numbers, no great Cash flow to begin with but my plan is to hold.

This doesn't seem like a cash-flow play.

Its seem that  the wind coverage that is expensive part of the policy.

I've had a few contractors offer quotes for installing push piers and lifting the house... all for over $40k, which to me seems like a huge cost for leveling, which won't really even be noticeable (although I understand it will mitigate any future settlement and further damage).

Kind of seems like a useless document at that point