Giving the property away will NOT necessarily eliminate liability for unpaid water bills, taxes, and any fines for code violations.

Make sure your consumer debt is eliminated, have 6+ months of reserves in the bank (including all deductibles for home, auto, health, disability), then I'd start investing!

I honestly think that the average investor on this forum has a far greater understanding of the basic economy than all these Ivy League morons that really run things.....The last stimulus check was handed out in March of 2021 when unemployment was plummeting, consumer debt levels were low, savings were at record levels, and the economy was very strong.  95% of people (who wanted to work) were working throughout the pandemic yet unemployment benefits were increased beyond median pay...and job search requirements were eliminated. 

Can you maintain it yourself to eliminate the management fee?

I repeat to you so read it slowly: You are NOT hiding your assets and no skip tracer is needed - you are placing legal liens against your property or properties to eliminate any equity exposure The LLC is in WY because it has the best protection laws against lawsuits and charging orders The WY llc is NOT doing business in any of the states where you have properties and the liens recorded are simply representing money owed to the WY LLC as would be supported by The operating agreement (so the Wy LLC does not need to register in any other state) The liens from the WY co are to capitalize the entity hence they are legal IOUs and WY llc is a legitimate creditor under the lawNo judge in any federal court can unravel a legitimate lien in this structure or any others - so you are emerging about what you wrote above as if this was the case no lender in this country would extend a loan as a judge could just remove their lien (I hope you get it now!)

The purpose of this strategy is to eliminate or reduce your housing expense.

You eliminate 70% of honest households (those that won't lie and say they have no pets) from the renter pool;6.

This way you can eliminate all transaction and asset-based fees normally charged by the custodian.

Effectively eliminating your Cash Flow.  

I’m looking to BRRRR with an all in cost of $300-$350K, which eliminates places like Greenwich.