There are certainly different flavors of asset protection depending on your risk tolerance.

Well, value-add comes in a whole assortment of flavors, not just that 1 vehicle of distressed. 

If you buy any flavor of multi-family, you'll have a hell of a time getting out. 

I am not a fan of it, as an Accountant, just because it doesn't have a Balance Sheet and doesn't allow Journal Entries, a Balance Sheet is like the Roast in a Pot Roast and without it you don't get the full flavor.

Is there any state specific flavors for residential property in USA?

I listened to almost all podcasts and they definitely add a lot of flavor to the subject and are full of great but most of all actionable information. 

However, as fellow Las Vegan Flavor Flav says, "don't believe the hype!"

Some docs pull 500k into over 1 million a year for some surgeons.They do not need the money today and are looking for high quality assets with minimum yield and safer.Something like a Starbucks, T-mobile, and Aspen Dental 3 top at 6.5 to 6.75 cap and 4 million with 1 million down etc. is a flavor they tend to like to buy. 

Scott and Anson Young.Also, my favorite flavor is vanilla too!

I got an email from another vendor that some agents have been using these terms and other flavorful ones lately and we shouldn't.In fair housing, this issue comes up under steering and blockbusting.