It is all the same upkeep, additional protection, etc. 

have rental properties and looking to move away from that sort of business and into fix n flip. Need to add members to the team and build success and a solid financial future for every member of the team.

I think my main question was how to protect it from medicaid or if they go into a nursing home?  

I have virtually no assets to protect at this point. 

For those who are using conventional financing for a few rentals--or those who have in the past used conventional financing--I'm curious about your strategy for liability/asset protection.

My question that I am trying to figure out is when does it make sense to quit your full time job and switch to investing full time.

Depending on the circumstances, there may be liability protection to be achieved that way.

The purpose for this clause is to protect me in the event that I don't successfully close on escrow #1. 

But if you are paying rent of $1,500 per month, and then you switch over to a PITI of $1,500 per month, perhaps 70% of your payment goes to interest, taxes, and insurance.  30% might go towards principle.  

Yes, Yes, with proper deposits and built in protection with rent prices via maintenance reserves.This is one method we are considering rather than trying to find a flip to increase investment capital this year.Thoughts, considering low Cash on Cash but possible increased investment capital through equity?