Keep $500,000 liability on the house and a $1 million dollar umbrella policy and you will have little, if any, risk.

The fact that he's out there doing landscaping and reporting his income on taxes, PROBABLY means he's not ALSO stacking $100 bills from drug deals, there's no need to do landscaping if you are, and MOST people only have mental/emotional capacity for a single entrepreneurial type thing at a time.Not going to necessarily offer my personal opinion on this new policy, but I don't think it's as crazy as folks think.

I'm sure that policy helps you bring on new business and keep your owners happy when things don't go there way. 

Say you found a house for $180k:You can use all $180k as payment and pay ZERO cap gainsYou can use $150k and pay cap gains on $30k | Use $100k get taxed on $80k.etc.You can include rehab costs but it gets tricky here.

It was zero work for me.

@David RipplingerThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

For protection you can just buy a good sized umbrella (liability) insurance policy for a few hundred bucks.Now if you are flipping the property, then I would want to have it under an LLC.

@Terrell GarrenI do like the idea of the 2M umbrella policy.

I've been told that some principal brokers will do zero desk fees, but instead charge transaction fees.

To be clear, I'm not saying Kyosaki has zero value.