@Keeya WangJones Probably effect of the lawsuit that NAR lost. 

We are looking for a duplex, triplex, or even a SFH with an in-law suite that could be rented out. 

By forming a separate LLC to own and hold each legally titled separate property or business entity, theoretically only the assets owned by a specific LLC would be subject to claims or lawsuits arising against that LLC.

There was a large lawsuit over real estate commissions settled nationally last week and I'm curious what everyone's thoughts are on what if anything it will change in the real estate industry?

If the appearance of being in an LLC prevents one law suit it is well worth the cost but it may not ever prevent a law suit. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.

Now useless NAR settled in that dumb lawsuit that they should have never lost and that's just going to add to more problems in the real estate market.

Well said @Russell Brazil - Our preferred attorney will be meeting with my agents here in Upstate NY to review new protocol in light of the recent lawsuits.  

@Mark HeidenbergHave they filed an actual lawsuit?