Find an attorney who you trust and can help you strategize.

This may not be entirely a CPA question, you will need to consult with an attorney as well.

Additionally, transferring properties into a trust for estate planning purposes is possible if needed.To maximize your leverage, I recommend exploring multiple DSCR lenders for better terms and working with a real estate attorney to structure your LLCs for both protection and lender compliance.Let me know if you’d like more details or assistance with financing!

@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.

Just read through some of these articles and you'll get the idea.https://www.indystar.com/story/news/investigations/2020/05/06/clayton-morris-bert-whalen-accused-by-indiana-attorney-general-deceptive-home-sales/5175543002/https://www.forbes.com/sites/forbesfinancecouncil/2020/01/31/who-can-you-trust-in-the-real-estate-investing-business/#720fb12c356fhttps://www.nytimes.com/2019/0...https://www.nytimes.com/2019/0...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.newsweek.com/clayt...https://www.usatoday.com/story...https://thehill.com/homenews/m...https://www.mediamatters.org/f...https://fox59.com/2019/03/26/e...Clayton Morris Lawsuit Case No. 1:18-cv-02797-WTL-DMLhttps://onedrive.live.com/?

This group (I will call it tier 1) have received letters from my attorney and communications have begun.

This is particularly true in California.I recommend finding a good attorney with a LOT of experience helping landlords with evictions. 

One attorney said it is a must, whereas other said confidently that it is completely unnecessary.

Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Best to involve attorneys/lawyers as well, but it depends on the type of financing you get.