It is advisable to do that for an AZ property - that way, if you are sued for an issue occurring in AZ, you know that AZ will recognize your LLC protection.

This will give you the best protection against your personal home.

@Liza RhimaI think that postponing evictions for tenants in the Phoenix metro area who are seriously affected by the Coronavirus is the right thing to do, but I think that measures should also be taken to help protect landlords as well (since they're the ones with the real investment to lose). 

Have you considered short term rental opportunites like healthcare workers who may be looking for short term housing during the Coronagenden to protect their families from infection.  

Explain you’re sorry but with the unlnowns of the eviction moratorium you need to protect yourself. 

He or she should be running an independent evaluation to protect the two of you. 

I plan to do this when I purchase my first property in order to protect my other assets in the event something goes wrong.3.

Have your finances and team ready for it at all times.Your job as an investor is to always protect your downside.

There is a reason Tenants are a protected class.

The only con is if your renovation is bad then your numbers will suffer.