Other entities can be used, but a single-member LLC is the most straightforward approach.If checkbook control is achieved through a Solo 401k, no additional entity is required (but can used if desired for asset protection or other reasons).You can purchase tax foreclosures properties with a self-directed IRA.

Some argue that lawyers will also sue to stop this, arguing that transferring to an LLC is simply an asset protection or estate planning exercise and didn't harm the bank's secured position, thus the clauses are not enforceable in this instance.

Your police department may have records for crime rates, and other statistics that could be of use to you.Determine if you want an LLC, other asset protection, or none.

One or more electric receptacles (outlets) at the kitchen, bathroom(s), exterior had no visible ground fault circuit interrupter (GFCI) protection, or the inspector was unable to determine if GFCI protection was present.

Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella liability insurance policy, I live in California and all the REI are in other states, any advice will be greatly appreciated.

Liability protection or is it something else?

In your shoes, I would find a property and get the financing lined up and then worry about asset protection or whatever.

Or you could use interlocking LLCs which add complexity but also more liability protection.  

Or because it was a restaurant they probably had a food service license so contact your local department of consumer protection or similar body to see who held the license. 

I gathered all my notes in a 50+ pages document touching on formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials + some diagrams to help you in decisional flow.Doc: https://www.biggerpockets.com/files/user/CosIorg/file/tritoriam-fileAsset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection