There is a place for both in your real estate practice, but drive your nails with the right size hammer.

As to the question about how it all added up to 10K - here are some of the things he reported to the police as stolen:- washing machine - oven (yes, an oven)- TexSpray ($5,200)- nail gun- $400 worth of fittings, shark bites- Dewalt 12 in. sliding miter saw- X19 Spray painter in box ($600)- 30 gallon Dewalt air compressor(lots of other random construction equipment)- 600 feet pex- 48 in. round fan

It is rare that you find someone who had a DIY structure who actually has had their structure tested and still has a positive mindset.With that said, I think you hit the nail on the head for the benefit of actually using an asset protection attorney that you will be counseled on the full scope of the structure and how it all fits together.

@Leo Ray yup, nailed it.

@Rodney Sums You nailed it my man......well said.....!

In a three year lawsuit, the opposing attorneys look up everybody's kilts, under their finger nails and smell their feet.

I have not joined but would like to at some point so I can expand from 11 rentals to 15 or 20.Great question.Sub2 should be a tool in the tool box, not the full toolbox itself.I put it this way, “if the only tool you have in your toolbox is a hammer, all you will be good for is nails.”So what you’re really looking for is motivation.Why would someone NEED to look for a quick sale, a creative option, a cash offer, etc?  

That sort of thing.I am not saying highly polished pro photos are dishonest, but they should reflect the actual place and not the shiny mods that make it look like a million bucks when it is more like 500k.My 2 cents.

To build homes, you would likely need to create a "sub-division" which can be a costly process before the first nail gets pounded.

My place in Champions Gate heavily exceeded those revenue numbers last year but we really got lucky with nailing the theming and it turning out not just great, but REALLY great.