A LLC will not provide any better protection at your point in investing and will only increase your operating costs and make it more difficult to get financing going forward.Insurance is the real protection, LLC is more for psychological protection.

Late fees, notice to pay or quit, evictions or towing of vehicles is a psychological source of leverage which only in the most server cases is actually applied.

Many seller has this psychological barrier about not losing money. 

I'm not a huge fan of the psychological impact of this as you get a big lump of money and it tends to make us feel 'we need to invest this ASAP' - which isn't optimal IMO.The above I'm told will often work under the traditional 'retail' arm of most banks. 

I graduated from college in May with a degree in psychology and also commissioned as an officer in the Kansas Army National Guard.

I mean for hundreds of years we have all needed money as an incentive to work but that is truly just psychological isn't it because in reality if we just chose to cooperate with each other there is nothing that truly required money for us to get it done. 

Now the tenants will have an internal psychological battle with themselves thinking that their demands may be unfair. :)Either way, it's a great book and I recommend it to everyone! 

Im not trying to poke fun....but now is when it is psychologically easy to get into the game.

I am ready to move past the psychological stage and will be ready to move forward with this process feb-apr 2019.

The concepts of home and hearth form a deep, integral part of human psychology.