It seems that this would help with personal asset protection, and forming and transferring property would seem to be more difficult after the fact.Also, any recommendations regarding a lawyer who could help me with this step and others would be appreciated.Thanks,Dan Brown

I wools hire a lawyer to make sure you can get them out legally.

I have personally thought about doing this, setting up a C-Corp with my family to act as a board of directors, and own each new investment property as a separate LLC, it sounds good and probably works well but lets talk about some other concerns.Firstly while most lawyers myself included could probably help you navigate those 3 points above, if you are seriously considering the umbrella company strategy I think it would be prudent to search out a skilled asset protection firm.

I assume “it generally depends and I should talk to an REI lawyer”, but generally interested in how other people are approaching it?

@Dinesh MelwaniPlease hire a lawyer for this process.

To my understanding of this, which I will ask my lawyer about but wanted to see what you guys say, I cannot discriminate against my possible tenants and I'm not by charging a pet fee.

There are business lawyers who actually practice in that area area of law.

I'm looking for a real estate lawyer and CPA in Tampa, Florida.

Lots of doctors and lawyers get into commercial because they would rather deal with a smaller number of tenants.

You need to educate yourself but then surround yourself with the right CPAs, lawyers, lenders, contractors, property managers and other multi-family investors.