As private money lenders, protecting your investment starts with careful borrower vetting.

NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.

So, I refuse to invest in syndication without protections like voting rights on certain conditions and more. 

The bill aims to help property owners by streamlining the process of removing squatters and protecting private property rights.

The LLC in this case is more just asset protection and not having your direct name listed on the county tax record.

I fold the letter, stuff it and place the precancelled stamp on it at a rate of 94 envelopes per hour.....takes forever.Add in screw ups (see my post about 3000 yellow letters down the drain) and you have yourself a time consuming, repetitive, completely boring endeavor.If you plan on sending a few hundred a month you can swing it on your own but if your time is worth anything you'll outsource.  

Even when wholesalers “kinda’ admit to the seller that they are going to “wholesale” the property, they still tend to mislead the seller by talking about “financing partners”, “equity positions”, “mentors” “membership” etc.So, various states have, under the banner of consumer protection, enacted legislation to restrict the use of the “wholesale” transaction in RESIDENTIAL OWNER OCCUPIED real estate - note, not commercial property and not residential when the transaction is between 2 investors. 

My initial instinct is to wait for the results of these two efforts, as your asset protection efforts seem to depend on them.

Does each of these cell need a separate checking account for a reasonably  good asset protection?

Find a knowledgeable and trustworthy broker in your market that can shop amongst the various providers and find you the best deal while still making sure you have the protection you need.