Having a mortgage is another layer of protection.Your Insurance on each property is a layer.Having properties in individual LLC's ia a layer.Umbrella Plolicy is a layer.Attorneys are usually hired on a contingency basis so the more difficult it looks the more likely they will not take a case against you and go after low hanging fruit.Also take care of your tenants and properties and you will be unlikely to have an issue in the first place.I have a trust, that owns a master LLC, that owns individual LLC's that own one or 2 properties each.I don't have mortgages on my rentals either so I added these other layers of protection.

Advantage: Having multiple LLC's create a layer of protection between the LLC's.Disavantange: You will have to pay separate tax preparation and filing fees for each entity.

Plans can be carried through to fruition, but a number of vital steps must be taken, one after the other.

It is vitally important for investors to understand that they have a responsibility to manage their PM.

Get involved and create a layer of insulation with people who are climbing the same hill as you.

I also am trying to cut out fast food, but healthy eating is also vital !

If I had known I could get my real estate license while in college, I would be a lot further ahead than I am now.Plus you may decide you like Construction, Urban, Planning , etc there are so many layers to the industry

@Jon HillIn an easy and relaxed manner, in a healthy and positive way...I now take better care of myself and transform my body to emanate youth, vitality and vigor.

The higher deductible on the policies allows our participants to typically garner better costs, and much greater flexibility with coverages on properties in multiple occupancy phases, etc...However, and this is vital to your understanding, we have no ability to make ultimate coverage decisions relative to the policies.

You offer good advice, but layer on so much condescension that it's impossible to even want to consider.