every creditor was happy to take cents on the dollar. and were nice about.. this kept enough money in the estate for them to go to collage.. now these are massive corporations we are talking about and they already set aside money for these eventualities.. and of course he was not a renter he owned many properties actually.  

If the multinational corporations with deep pockets cut no slack, I surely can’t afford to.

When a landlord has high maintenance tenants it means that landlord has been catering to their demands.

If your "Retirement account" is a Self Directed IRA, Your LLC (unless owned by your retirement account) cannot do any business with the C-corp or your retirement account.

I flip houses and have a full time corporate office job.

My Entire Life i hustled no matter the stage, the area,the arena, level or competitive sport and i've realized how important the hustle is its a lifestyle its a culture it pertains to everything merchandising,real estate,sports ,corporate america and globally.My Question is How hard are you willing to hustle?

There are advantages to keeping properties under your personal name (types of financing available, ease of financing, down payments, etc.) as well as putting them under an LLC/Corporation (built-in liability protection, etc.). 

So yes things like corporations arose.

And with returns on some approaching 7-8% still with national corporate tenants they can a great fall back (or first line strategy).

@Scott Schaar  I havent done it but quoted from my electrician the cost to add the 50 and 30 amp pedestals seemed insignificant.I forgot one other thing we did, if a salesperson referred us a customer, we paid for a catered lunch to the dealership ( up to $250 dollars) .