Whatever he owns in the LLC should be protected though, if he/you maintained properly the LLC.If one of the other partners in the LLC get in trouble, depending on how the LLC partnership is created, the LLC assets (that joint account...is that a business account?)

I learned I am not a great business person I have the creative hustle needed to put deals together but lack the follow through to keep them coming in.  

It allows you to diversify into a portfolio of homes as opposed to putting all of your proverbial eggs in one basket.Be cautious tho as over the years I have witnessed countless investors buying properties in crappy areas, for more than they are worth and being passed on to crappy property management that nickel and dimes them to death (I guess all of those 15% "awesome" paper cap rates and promises of financial freedom aren't that awesome after all...)This is not just true for real estate deals but life in general (Your "piece of paper" degree does't necessarily dictate success in your chosen profession or your business)Real life experience is different to what any "piece of paper" says.In all reality guys it takes time to build financial freedom, and the more you can diversify your risk across multiple properties in your portfolio the less risk you bear in the long run.I may not be the smartest Aussie you have ever met, however I do understand a few basic rules that I follow on every acquisition I make.Strength in numbers, cash only, patience, and discipline.Let's talk about Strength first.Price point plays a big part of "strength in numbers" as it is safer to acquire 5 homes for a total of $350,000 as opposed to one for $350,000.What happens if "that one" property goes untenanted for 5 months?

DO GOOD BUSINESS AND THE MONEY WILL COME. 

I work full time as does my other two business partners.

I'm surprised how little info there is on this topic that's for the consumption of the non-techie out on the web.  

I'm passionate about real estate pros building relationships with designers who help accomplish business goals rather than just create a good-looking design. 

I am an investor friendly contractor in Houston and have been in business since 2009.

Now my business parter is out of the game and I'm getting ready to go full time into it.

My grandmother was a realtor for 40 years and just retired, so the business has been close to the family for a long time.