Asset protection mythsWyoming is popular because of charging-order protection and privacy.

Hi Dan, I appreciate your perspective, the house is new construction built 2019-2022 during Covid, double wall construction, 12” blown in dense cellulose, solar that exceeds use, no electric bill, no heating/cooling, I’m over near Mill creek area, it’s a special property, 1/3 acre on trout brook, privacy m, excellent location.  

I am not sure if privacy is an issue but you can keep the asset in an LLC, maybe?

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return.5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space.6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return.5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space.6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

I’ve helped multiple clients recently use this strategy to acquire ~$500k properties with under $20k out of pocket by negotiating seller-paid closing costs.The key is making sure:The property cash flows or significantly offsets your living expenses while you’re thereYou’re comfortable living in it for at least a yearSingle-family vs duplex (house hacking)This really comes down to lifestyle and long-term positioning.Single-family: Higher rent-by-the-room potential, but you’re sharing space.Duplex: More privacy and often an easier transition once you move out and keep it as a traditional rental.One question I always encourage people to ask is: “What does this property look like as a pure rental after I move out?”

Larger Tenant Pool:SFHs appeal to households who value privacy and are willing to care for the property.

Set up for views and no views privacy.  

On the other hand, properties with acreage, resources, water, privacy and utility will see increasing demand as investors 're-value' real assets. 

I've been reading through BP and other forums that discuss using Nevada and Wyoming for privacy and asset protection, but what LLCs and how many do I actually need in-state or out-of-state?