I found that out of the prospective tenants I spoke with probably 75%+ just wanted to have the legitimate façade of a formal office but really didn't need any more space than a single office/room and perhaps some infrequent use of a conference room.

@Michael Jobe Yes, REIAs get free use of a conference room in exchange for the expectation that all attendees buy food and drink.

An umbrella policy is going to be your first line of defense especially from tenants, but the LLC (especially one nested within a Wyoming, Nevada, or Deleware entity) will provide inside-out and outside-in protection and fortify your asset protection strategy

In fact, from what you are indicating, it would be well worth the price of admission to have a real estate attorney go over each of your transactions to be sure they are defensible in your jurisdiction.

I currently work for a Defense Contractor and have been doing so for almost 6 years now.

I might actually look into an Enrolled Agent (@Steven Hamilton II ) They represent people in front of the IRS and do a lot of Audit defense work.

I am a new RE investor that entered the market in late 2018, after thinking about the macro trends in RE and policy, I just want to share some thoughts about where I think the market trends are...PresentThe recent run-up in multi-family properties are a sign that investors are looking for cash-flowing, defensive investments in the late stage of the economic cycle.

Your first line of defense to any claim is good management, not business entities. :)

I think not - that is pocket change to him.There are three plausible motivations to Frank Rolfe that I can see:1 - He wants to help people succeed in business and he likes to teach.2 - He holds a large, concentrated portfolio of undervalued real estate and he has taken it upon himself to single-handedly raise the value of his real estate by publicizing its virtues to the world so he can unload his portfolio at higher prices.3 - He needs a bunch of newbies in a conference room to go bird dog deals for him.4 - He is creating a pipeline of new leads to buy into his private investment funds.So - what of the four motivations is most likely to be the real one?

Although in that one's defense, they started out great and full of quality but they grew so fast they couldn't keep up and everything went down hill.Anyway, Anna, it is very true that you can get in a pickle if you don't have a working knowledge of what is involved in a rental property, at least to the extent of being able to discern between the good turnkey companies and the bad ones.