That’s one lesson of many you’ll get today on this powerful episode of the BiggerPockets Podcast.

Within the city of Austin and other local markets with limited inventory, homes are spending a fraction of time on the market—as little as two weeks in some areas.

from my point of view if your an individual and not partnering with folks who ever is going to sue you is going to name you personally.. this is where you need good insurance to take up your defense as your first line of defense.whether they have the right to sue you is immaterial.. or whether they will prevail is immaterial.. if your operating as a group or partnership and have clean records this can limit your exposure to your ownership.other than that  retirement accounts should be maxed out they basically cant be touched... certain trusts.but just LLC labyrinths like you mention.. those are not going to do it for most or.. you will spend a ton of dough fighting to make the position they can't sue you. when suits happen everyone is named .. that's when you need good insurance to handle your defense.

The bad is that often times you will find less care is being taken with your property, the Section 8 has inspections, which at times can be obnoxious and often times you are renting to tenants with no job or limited employment, so they are home all the time, causing more wear on your house. 

Just my initial thoughts based on the limited information, I wish you the best with whatever you decide.

I request a credit limit increase twice a year on my main card.  

I was having a conversation with a couple of fix and flip types last evening here in Phoenix, Arizona and they told me what I thought was a brilliant idea: They have created a partnership with a local solar power installer who they are doing multiple deals with.

You have to love the power of Real Estate!! 

If you would like higher limits than $1M, you would get an Umbrella Policy.  

A first-time investor with limit resources to fund the remaining balance of the loan.