Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.

Downspout depend on the section, the lower ends are very easy to replace, if it's higher up then it's a bit more involved but still not hard. 

Finish the basement into a legal apartment and then maybe rent the 2 car garage as storage/secure car parking.People in the city are always looking for secure places to park their cars depending on where the place is.

@Taha Tekreetiif it "could work" I think depends on your financial situation and your goals. 

But really depends on your goals here.

Depending on the location, space looks great as is!

(depending on your current financing, the limit is going to range up to 90% LTC in most cases)2.

There are even more to choose from in the 7%-8% range. 

A lot of syndications are currently having trouble paying their investors on time and the full amount of expected returns so if you choose that route be cautious.

Anything else I need to know when choosing a lender(or mortgage broker).