Roofing felt orSynthetic underlayment orIce & water shield (less common for patios unless in cold/rainy climates)Material cost: about $0.50 to $1.00 per sq ftInstalled cost: around $100–$200 Rafter replacement will likely run about $15 to $25 per square foot, which puts you in the range of $1,125 to $1,875.

I used Legal Shield to help with collections. 

Your personal assets are shielded from property-related lawsuits or claims. 

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

The right entity structures and legal safeguards can help shield your personal assets, reduce liability, and provide peace of mind.

The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth.

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

For example, in your area are there no assisted livings that will accept Medicaid, Blue Cross Blue Shield, etc.?

That’s because:You’ll likely need to register as a foreign LLC in the property’s state anyway, which adds cost and paperwork.States like Texas, Florida, or Ohio (common REI states) may have lower filing/annual fees or better asset protection laws.Tax Considerations: Income from the rental is usually taxed in the state where the property sits—not where you live—so forming the LLC locally can simplify tax filings and compliance.Liability Protection: Forming the LLC in the state where the property is located also strengthens your liability shield and avoids legal confusion if something goes wrong.Avoid Delaware/Nevada Hype (for rentals): These states are often recommended for corporations, but they usually don’t offer practical benefits for small RE investors unless you're running a national business.In short: Form your LLC in the state where the property is located unless you plan to scale across multiple states—then you may want to consider a holding company structure.

The right legal structure can help shield your personal assets, reduce your exposure to litigation, and make it more difficult for creditors to gain access to your wealth.