Only 31% of the county population lives within city limits (generally, the poorest on public assistance with a small population of wealthy urban professionals).

I have access to several very wealthy people who are interested in becoming my private lender, however I want to show them some profitable deals that I have executed before "offically" presenting any projects to them to finance.

At a certain level of success and wealth, I may need more protection but for now I feel this is adequate.

Instead they like being the bankers and focus on eliminating risks rather than becoming wealthy.

Some investors become wealthy beyond imagination and some don't do so well.

It's great that you have enough money and wealthy friends that you can put together multi million dollar plus deals, I wish we all did.

It's funny, but the truly wealthy - we're talking generational wealth - never sell anything.

for me, it was common sense stuff ;-)  his formula: look for properties with a problem, buy at a discount b/c of the problem, fix the problem, sell for more. he covered the following topics in the boot camp:1) how apartments will make you wealthy ... overview and mindset stuff2) how to find deals (he brought in a guru to up-sell profit grabber)3) the quick and easy way to evaluate properties (i think he now sells a subscription for an analyzer tool)4) how to determine where and when to buy5) the buying process (0 money down ... up-sells another syndication bootcamp)6) negotiation7) how to write offers 8) how to protect what you have - buying properties in the right entities9) property management overview (he up-sells another 3 day managing the manager bootcamp)10) overview on 1031 exchanges11) tips on how to increase your sales price (i.e., increasing NOI)12) ends with an up-sell to his coaching, which i think starts at 5k, + a monthly fee.  

Whether or not it is a good idea to have an entity early on depends largely on the legal culture of where you are currently operating.

But we live in a culture where people believe that the easiest way to heard a living or make extra money is to sue someone.