Most REO deals prefer cash or private or hard money.So, many new investors think foreclosures are good because they are priced lower, but they are disastrous options for first-time investors as the inspection ability and repairs requests are limited to none and foreclosures also often times come with tax liens and other liens that may all not be fully disclosed at the time of the auction.If you are a first-time buyer and want distressed, you can look at HomePath properties which are Fannie Mae REO and they can provide a bit more protection to you as a buyer.

The cameras are outside in my driveway and my front door, I checked first and I can put cameras in “common” areas to protect my property, but I don’t have cameras in her front door, my cameras recording my driveway and her guest parks his car there too every day... 

@Lance LvovskyI am just trying to better understand why is an LLC so much touted for it's asset protection?

Could it help with asset protection?

For the past week I’ve been trying to figure out if I am allowed to start an LLC for asset protection and have gotten some conflicting answers from several different lawyers.

I also think limiting your access to financing and not receiving the lowest interest rates possible can hurt you.Get umbrella insurance if you want to be protected.

I contacted my mortgage broker and most lending programs have been put on pause and those that are still going are requiring 70% LTV to protect themselves.

I understand that landlord tenant laws were made to protect tenants at a time when tenants were taken advantage of but now it seems as if we've gone too far in the other direction.

I understand that landlord tenant laws were made to protect tenants at a time when tenants were taken advantage of but now it seems as if we've gone too far in the other direction.

Are you doing anything differently to protect yourself?