Also the IRA is vulnerable to certain lawsuits where as the Solo 401K has better protection.

And then they will come after you heavy handed, with full force and charges of defrauding and abusing the vulnerable home owners.

Most of them are also an electrical wiring nightmare that could go up in flames at any minute.I usually "unfinish" the basement and completely gut it.

However, I want to make sure that if I can't find a tenant to lease the property to and the deal falls through, I won't be held liable or vulnerable to a lawsuit.

The short answer is that its complicated and there is no "one size fits all" answer for the entire state; some municipalities are more vulnerable than others.

I feel as if this could be a low risk opportunity to get my feet wet in the business without putting myself in such financial vulnerability.

With so many experienced people in the field it is very overwhelming and I am looking to try to avoid making mistakes which I know I am vulnerable to making being so new.

I’ve been hesitant to introduce myself for a few reasons, but mainly the vulnerability of opening up to a forum of people online (like minded as you all are in terms of real estate investing).I have been listening to the podcast recently starting with Show 1 and working my way up the list.

I suspect this will affect the most vulnerable of our population - as these things normally do.

If you have ten properties in one LLC and someone sues you, all properties in that LLC are vulnerable.