Quote from @Trevor Neale: What is the procedure of changing your investment property to a LLC to protect you ?

What I typically see work better in situations like yours is: (1) using one or more LLCs for liability protection, (2) being very intentional about how ownership percentages are set between you and your fiancé, and (3) coordinating the operating agreement with your tax filing approach now and after marriage.

@Jem Jacala - To protect yourself you will need to find a good RE attorney in your area.

New construction has the biggest margins and it's where all the big players are active right now! 

As a real estate investor, you first have to understand the risks most likely to impact you and then ask yourself how and why will this particular LLC arrangement or trust add protection to my real estate and your personal assets.  

Hey Zach — even though this is an older post, here’s a simple way to think about owner-financing a down payment:Legally, you’ll need a promissory note for the down payment and a security instrument (mortgage or deed of trust) if the payment is significant.The structure can vary: sometimes the seller holds a second note for the down payment, sometimes it’s wrapped into the main loan.Always have these drafted or reviewed by a real estate attorney — it protects both you and the buyer.The key is making sure the payments, interest, and terms are clear so both sides are safe.Owner financing can be a great tool, but the details matter.

Ensuring to protect yourself is important, & know it is equally expensive.

Former tenants are well protected, i.e. you cannot garnish wages through the employer or seize any primary possessions.

I prefer to protect myself by putting clauses into the purchase agreement regarding how the deposits get transferred and when. 

An LLC helps protect your personal assets, simplifies tax tracking, and creates a professional foundation for your growing real estate business.