As long as I keep everything separated that should protect my personal assets from litigation correct?

@Raj Kannan, there are opportunities in every part of the cycle, though not necessarily in every asset type or location.Yes, 50% does go towards expenses, but that's partially because you're putting money aside for the inevitable roof replacement, new water heater, etc.

I often break it down into the "five pillars" of protecting your assets.

Once you have some assets to protect you may want to think about getting an LLC and/or a good liability insurance policy. 

You're going to have to give us more on the location, asset type, repairs, etc. 

If that’s the case, your next step is to select the asset class you personally believe in!

What size assets are you looking at acquiring?

Cap rate is indicative of the underlying risk in the asset and or market.

At that point, you need to sit down with an asset protection attorney and create LLCs and Trusts to protect your investments.

Tampa comes up as one of the best markets to be in and bigger players don't usually want a bunch of houses so they go to multi or other commercial assets from what we see.