If not I'd develop your relationship with a team via buy and hold and only pursue BRRRR once you find a solid partner or develop enough experience to protect yourself. 

Price reductions on property management, Cost segregation, non-recourse loans through Fannie and Freddie…But today I wanted to talk more about the smaller things, especially if you aren’t a big player in the Multifamily space, and actually dig into some numbers!

Please help to clarify  the best approach and how to protect myself without an LLC entity. 

Any tips for protecting yourself on the legal side would be great too.

The advantage is a very stable and reliable income stream with tax advantages and inflation protection combined with appreciation (assuming you buy in a good location).

Placing a rental property in an LLC is mostly about liability protection.

However I have a girlfriend with a dog, who's ultra-protective of her.

From what I understand the LLC's provide some protection from my other assets and there are tax benefits associated with them.

You can put any term that you want in the note and if you have an attorney doing the loan docs I can almost guarantee that there will be many features in there to protect the lender.

If a tenant has threatened a landlord that may support a Protection From Harassment case which would be heard before May as well.Anyone with questions is urged to contact their attorney.