If you would like the name of an attorney that we use, let me know.Plus, be sure that your LLC has all the proper documents in place that would prevent someone from "piercing the veil" For an LLC to identified in court as a legal entity, there are certain required docs including operating agreement, proper articles of organization, disbursed ownership certifications, etc.

He says they are very easy to pierce and show you’re behind it, so don’t waste your time with that.

Yes, dog nails can pierce the plastic but anything that doesn't have drainage capacity is going to wash away the mulch anyway.  

the reason any and all parties that could be named in a lawsuit are named from the beginning is because in the discovery process of litigation, it may be uncovered that you (personally) are liable (through piercing your corporate veil or other deliberate acts) and that suing attorney can have additional recourses (EG your personal assets) to go after. 

They'd have to pierce the corporate protection and discover the other LLC's through the member(s), which is very difficult to do.Not saying insurance is a bad thing, and said in my post you dont need to be worrying about trusts yet, but once you start getting into real dollars in assets you want to be looking poor to anyone looking at you IMO, no matter how much insurance you have.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Not only that, having multiple LLCs may increase your chances of a potential plaintiff piercing your corporate veil since most people are terrible at following corporate formalities (especially when it comes to bookkeeping). 

They can “pierce the veil”

If your LLC gets sued, and you are the single owner /managing member of the LLC, count on the plaintiff lawyer piercing your corporate shield.LLC for a small investor is like a nice vanity plate on your Ford Pinto.

@John Pierce Thank you for your response. so I’d have to have tax returns for 2 years for the traditional loans, is that correct ?