He's warning people that following Dave Ramsey's teachings will not lead you to financial freedom.

My friend set up an LLC with an operation agreement, trust, limited partnership, and assets protection plan, which cost her $10,000 with a good law firm.

This isolates the issue to that particular LLC, and it should not spread to the other LLCs or your own personal assets.

I have posted on here previously, but I wanted to extend this message to anyone who has purchased an investment property WITHOUT having >50k in assets and not required to have a family member/friend co-sign for me (I am a 20-year-old, full-time college student).

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)

They told me, they wanted to see at least 50k in liquid assets. 

This can provide stability and reduce the frequency of tenant turnover, offering a steady income stream over an extended period.Challenges:Tenant Dependency: The success of a NNN lease heavily relies on the financial stability of the tenant.

However, if the home has little cash flow return would it really be a good idea to share an asset with friends with no short term returns? 

This seemingly minor detail can significantly impact your financial stability throughout the build.Building a home often involves partnerships, and it's essential to ensure balance.

Be advised, you're playing in a very competitive pool these days as that asset class is in high demand.I would start be talking to the smallest banks in whatever community you plan to invest in.