The reason that people talk about balancing their portfolio is that it should ensure steady growth when one sector slips there is often an investment vehicle that does better.  

The guy that buys cars at auction, fixes them up, and sells them... the term used is he is a dealer if he buys/sells more than 5 vehicles per year.

Building Coverage – this mitigates and restores the building from covered losses and this coverage is required by lenders to secure loans.Building Coverage – i.e. fire, wind, water, vehicle impacts and other elements of structural damage.Loss of Rents/ Business Income Coverage– pays for loss of rental income when a building that is rented to others is damaged by a coveredloss.

My ultimate goal is to use real estate as a vehicle to escape the rat race!

1) Let's say if one buy's a new car under his/her personal name or under company name (driving for business more than 50% but some personal use too), then they can show mileage driven for business and also vehicle depreciation under expenses when filing tax return.

Our people have vehicles or the train to access those jobs.

May take some paperwork and run around but they may do it....again, lots of options to look at here.The overall message is this, real estate is a GREAT vehicle for creating wealth and passive income.

Ultimately, I'm looking for the safest vehicle for my properties.It looks like Minnesota does have a Series LLC but my understanding is that it does not offer the same protections as a holding company would provide.

I sold two beat up old vehicles two weeks before the cash for clunkers thing was announced and the list goes on.

We understand that real estate investing is that vehicle that can get us there.