That's certainly a good way to protect yourself by being a little bit more conservative. 

Hopefully you can protect yourself if you need to.It reminds me of this little video about a Free Rock: https://www.youtube.com/watch?

How can I protect myself from losing lifetime savings if something horrible happens?

Closing costs and realtor commissions are a part of the game. Real

That protects everyone involved.

When you have 50 unitsWhen you think you need more than simple insurance to protect free and clear personal assets.

Depending on size, you may be required to, typically with large scale, multimillion dollar assets.For smaller assets, i.e. single family, duplex, fourplex, you get liability protection. 

It is ESPECIALLY important in this townhome that's built on a crawlspace because it has a $15K encapsulation system underneath the building that protects the crawlspace and most importantly pumps water out because it's in a weird almost flood zone type of area... only gets bad when it rains heavy, and boy does it rain heavy here.   

Plus, you'll have some asset protection on the rental just because of the mortgage note.

Has anyone dealt with this type of issue that can give me guidance that will legally protect me?