They also have fraud protection for the renters - but you'd have to read more about that not sure how it works.

Enclosed vou will find the followingdisclosures as indicated below for your pending loan application with ______1) Federal Truth-In-Lending Disclosure Statement2) Notice to the Home Loan Applicant3)  Disclosure Notices: Affidavit of Occupancy, Anti-Coercion Statement, Fair Credit Reporting Act, FHA Loans/Government Loans4) Equal Credit Opportunity Act5) Flood Disaster Protections Act of 19736) Notice to Applicant of Right to Receive Copy of Appraisal Report7) Patriot Act Information Disclosure8) Servicing Disclosure Statement9) Good Faith Estimate10) 4506T11) Borrower's Certification and Authorization12) Privacy Statement13) Required List of Service Providers Disclosure14) Undisclosed Debt Form15) Homeownership Counseling NoticePlease sign and date each disclosure where indicated and return these documents in theenclosed self addressed return envelope.

In the meantime protect those assets by rolling them into another IRA. 

If looking for asset protection gets a good insurance policy.Joe Gore

There's tax and legal protection reasons as to why people use the structure they chose.

Commercial leases have much less protection for the tenant.  

Soak in as much as possible: contract clauses were good, asset protection structure was good... for those who never heard of 1031 Exchange, they did a great job, How to price a wholesale deal or flip properly w/ caveats to make sure you will be OK on the other side, what to watch out for at auctions (bank reps who are there to bid up the prices so the bank recaptures more of the lost asset)3.

Also check on the laws regarding LLC's you area.It can be advantageous in some cases to incorporate in another state with stronger protection for investors.

So I'm no too worried about that.The bust for a Seller not abiding by the abilty to repay rule is:36 monthly paymentsDown payment or option paymentCourt CostsAttorney's feesQualified Mortgages protect lenders, too.Lenders that make Qualified Mortgages get certain legal protections even if the borrower fails to repay the loan.

Protect it.