You are selling an investment to the public, whether you know them or not, they are still protected.  

I agree with Joe Gore that, for one property, all the corporate stuff is really not necessary, especially if you don't really have any assets to protect, plus the fact that, if anything goes wrong, taking title personally and subsequently transfer to an S Corp. won't exactly hide ownership or protect you.

Banks are very conservative in protecting their interests and in the process can help protect you from yourself!

Your state may allow for something that would truly cloud title.Are you prepared to show up in court to protect your position?  

But please DON'T SKIMP ON YOUR LEGAL PROTECTION!! 

And if you are at all sloppy about the mechanics of the LLC- separate accounts from your personal, record keeping, etc, then you really have no protection at all.

There are many clauses you may want in your contract to protect yourself against outstanding liens and creditors, unnamed beneficiaries, etc.

Kristine Marie Poe statement makes it seem like an investor loan or Non Owner Occupied loan, might be OK to contact or even perhaps is not afforded the same protections to some degree.  

For asset protection - read this thread from a few days agohttp://beta.biggerpockets.com/forums/79/topics/131...

This to protect you in court.