The number above on the rehab might be reasonable but maybe not so if you are close on numbers then don't forget you are protected in your "option period" with a standard Texas REC contract.  

Dissolve the LLC since LLC's do not provide you with protection.

Lenders often have no control over appraisal, which is intentional to protect the bank or to meet underwriting requirements.

Every month I stash a little more away to protect my self, the asset, and the tenants living there should something break.

We have a piece about LLC 101 - https://www.simplifyllc.com/ll...In general, as Dave said, the asset protection is definitely something to consider.

Apart from scanning the news and paying attention to where  players like Amazon will open their next shipping hub, or Apple will re-route its domestic manufacturing plants (assuming they have any?)

No handle, just your name unless your in witness protection program. 

So it seems like it’s mostly for their protection which is still good. 

We’ve done some estate planning but we’re not a community property state and so since some of the property is held jointly and some is just in my name it would be good to double up protection.

As the time goes on and I consume more and more BP podcasts I realized I should have taken the time to do some due diligence to protect myself.