If the deal works with commercial financing I would go the LLC route since that better protects everybody's long term interests.Congrats on getting that first deal!

There may be some local plays to be had where owners are over leverage and can't bridge a short term cash crunch or large players seek to ditch under performing assets at fire-sale prices, but nothing across the board. 

I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid. 

With this corona virus scare and potential quarantine it could be a HUGE hit to all real estate agents/investors/ small business owners/employees and everyone else! With this potential quarantine tenants could be out ...

Protect your body.

You would think pieces of history like that would have more protections given to the owners should something like that happen.

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.