My knowledge with these asset protection structures is limited (not a lawyer) but will probably pick up the rich dad LLC book to learn more.

@Russell Gronsky i’m really sorry to hear this it saddens me as people think landlords are rich but we take risks and we work hard in the process.

Screen your tenants thoroughly as you would with a traditional unit.

This is more of a learning opportunity for me, not trying to get rich off this one deal.

@Rich Bultema being an inspector is just like any service business.

I have read Rich Dad Poor Dad and The Book on Rental Property Investing by Brandon Turner and I am now looking for my next book.

Rich Dad Poor Dad and BRRRR book are a good start if you haven't already. 

We selected Athas due to our "traditional" residential lenders said it would be challenging to obtain conventional financing due to lack of 12-month leases in place and the property operates as a STR "business." 

The owner was a land lord that was liquidating his portfolio and this house was in a flood zone making it hard to sell to traditional buyer.

This house is in a flood zone and was a hard sale for traditional home owners and it didn't help that it was the only house on a pier foundation in the area.