I think common law and public policy would *likely* be on the side of these LLCs in Virginia, but I would stress that such incorporation strategies *appear* untested in our state.The purpose of my post is not to promote buyer's remorse or to scare any readers.

Less stress at purchase and after.

Structural and foundation issues are a risk in older homes, so an inspection is key (until you have enough time/knowledge and desire to go under houses.....).Gurus (the major traveling ones plus those pushing books & programs) accentuate the positive but fail to stress risks!

However, if you exceed the prepayment allowances set out under the terms of your financing agreement, there will be penalties (as laid out in your agreement).An open mortgage typically has no prepayment restrictions, but, in exchange, the interest rate is greater.I am sure mortgages vary around the globe, and my personal experience is limited, but thus far, the only significant variation in underlaying lending principals I've encountered has been in societies where it is illegal and/or immoral to charge interest.

Some want less risk and less roof to cause stress and headache.

This can be a very stressful career path but rewarding in the end.

Get rid of all the frivilious trappings of todays society.

Knowing that my property is in their hands has relieved me of unnecessary concern and/or stress while on the road.  

I would also stress the importance of you break something you pay for it.

Once you take the first step to your initial property, the next one should much easier and less stressful.