BUt, knowing where they are doesn't help with collectibility any if they have no assets or credit to protect.  

And thank you for serving and protecting us all.

I am looking for a good asset protection lawyer in the Tallahassee to form a LLC for real estate property around Tallahassee Florida.

The negative customer service experiences many borrowers have had in hard money, is often due to the lack of standardization in the industry.

Most recommend the creation of a LLC when doing a JV to protect people in their investments.  

Establish each LLC with two (2) members in order to ensure corporate protections are enforced.

They are still protected, but all terms aren't broadcast to the world.  

Hey Toua, Besides the liability protection, I believe there may be some financing advantage.

I'm not sure you are considering factors such as, off the top of my head: 1) unlike the have-a-pulse-get-a-loan scenarios of yesterday, they are required to have proper debt-to-income ratios and meet reserve requirements so as long as they don't lose their job for an extended period, they've proven they can afford the payment; 2) even in a down market, they will have to live somewhere, so unless rents are much cheaper, which is unlikely, it makes more sense to not ruin their credit, keep paying and stay where they are, especially if they've improved the property at all; 3) these loans are much more likely to be 30-year-fixed, not the ARMs of yesterday that adjusted up to a surprisingly unreasonable payment (many didn't understand what they signed up for until, Wham, the payment doubled on them, so they had to walk); 4) they pay MIP, upfront and monthly, so there is some protection for the lender if they do default.Many of these people would be stuck paying much higher rents, building others' equity instead of building their own, without FHA loans.  

I have someone that's looking to invest in multi-family developments however I'm not sure how to protect myself before connecting the two and how I should look to be compensated.