asset protection at a beginner investors level is simply not necessary.. you asset protect when you have Significant assets.. usually a property bought with 20% down or so is not significant.the cost of litigation will eat up 100k equity right quick so plantif lawyers not going there..

You can not have your cake and eat it too. 

Frequent buy and sell eats into your profit.

Do these investors eat a negative cash flow and simply wait for appreciation?

Because the vacancy factor, evictions, fix up time, maintenance, vandalism factor will eat up any money you will make nothing.I coach people to buy the cheaper houses and sell them off in 30 days and make $10,000.00 every 30 days.

If I use actual repairs as my predictor on cap expense I will show many months good and then something that will eat much of the "profits" I thought I had booked.  

Then I have to eat, make lunch for the next day, do a quick workout, and an hour of my real estate courses.

Although, the margins are kind of thin on this one and another entity getting a cut leaves me with nothing to eat.

HOw do you eat an elephant?"...."

Every month has costs associated with the property so an owner might be able to eat $5K to get out from under a mortgage payment, property taxes, insurance, etc.