For example, this one with in-law suite in San Jose is selling for over $3M and the in-law suite is the selling point: https://www.redfin.com/CA/San-...

Purchase price: $440,000 Cash invested: $17,000 Bought as a primary residence, now kids are grown up so currently renting basement and Mother in Law suit.

(Read lawsuit waiting to happen, if it is power). 

When we bought our house about four years ago, we considered the “ mother in law suite “ of no value and in the way.

She has been house hacking by renting out a mother-in-law suite on AirBnB. 

And the real protection comes from paying an attorney to defend the LLC's (and you) in a lawsuit.What is the cost of that, and the cost to get you released from the lawsuit personally because plaintiffs councils in some areas seem to like to generate (excess) fees with this maneuver?

Not only does this make things easier for bookkeeping, it helps to keep you under the protection of the corporate veil... you don't want a potential lawsuit regarding the property to be able to "pierce the corporate veil" by finding you used your personal credit card to pay for an expense related to the LLC. - most lenders will not lend to an LLC, so if you plan to finance the property you'll need to get the title in your name and then deed the property to the LLC.

@Saraya Thornburg there’s always a duplex or triplex opportunity where you can rent out 1-2 units and live in one yourself, not necessarily living roommate style, or maybe a home with a seperate small in law suite or studio that you can rent out to offset costs.

First, it is a lawsuit target. 

@Hoshang Hafizi and @Carson McGeeJust a heads up, there is a rental coalition filing a lawsuit on the 90 day rental minimum portion of Bill 41 that recently passed on O'ahu.