If you get into a car accident, they can only sue you for damages and if they win the judgement, then you don't want to them to take the investment properties --- they aren't yours, they are owned by the LLC.Hope that helps. 

@Justin SterlingLove Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%+Cash flow: $250-$350/door+Appreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

@Zach WagnerMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

companies keep trying to make me bundle my auto & home insurance. 

It is waterproof so basement accidents wouldn’t be a problem.

Hey Giuseppe,  what you are saying is very true about the value of my time can 20 to 30 dollars really be worth it especially since having great tenants who pretty well make my small portfolio run on auto pilot.

Step 4: Add money to secured credit card.Step 5: Setup online monthly auto pay the minimum. 

She should be able to set up an auto-draft from her bank to your bank, electronically depositing the funds into your account each month.

For example, you could still lose those properties if you got in an accident and didn't have enough cash to pay a settlement.

If the income does not meet the 2.5x rent, I wont even do the check and auto fail them.