Hello AllI am new to the forum.

I recommend reading all you can and spending some time in the forums here to learn all you can before you're ready to buy.  

Yes, an exhaustive knowledge would be nice, but I was hoping that's what a professional forum like this could help me with.I don't feel it's fair to tell a person to exit the stage just because they're not 100% educated. 

Take the e-courses, watch the webinars, read the newsletter and reading the forums will let you learn and hopefully avoid some of the pitfalls. 

Here is another thread you might find it related to your question: https://www.biggerpockets.com/forums/51/topics/551672-asset-protectiondoes-it-even-matterAnd another: https://www.biggerpockets.com/forums/48/topics/509923-when-has-an-llc-actually-saved-your-assets

It is great to have you and feel free to jump in the community there are great people in the forum.

If you have any more questions, please ask here on the forum so others can seeBest of luck,Anibal Mortgage Agent

@Jessica Freese I agree with the others on this forum in that 2% are going to be very tough to find in major cities unless you find an unbelievable off market deal that the seller are literally just giving away.

It is great to have you and feel free to jump in the community there are great people in the forum.

I am so thankful for this forum and BP.