-Landlord liability protection, covering you if a tenant or guest is injured on the property and holds you responsible.

Hmmm, it made world wide news, but okay "Cincinnati beatdown"A violent street brawl erupted in downtown Cincinnati on the early morning of July 26, 2025, at the corner of Fourth and Elm Streets, resulting in six civilians being injured, including a woman identified as Holly who sustained life-altering brain damage and a severe concussion after attempting to intervene. 

It is only good against contract disputes.If you have a liability claim, someone is injured etc, an LLC will not be any help.Make sure you have rock solid insurance for STRs and plenty of it.An umbrella is an excellent idea as well.

People or the property are in immediate danger of being injured or damaged.

Thankfully, no one was injured, but the home sustained significant damage.

For example, this is what prevents your personal creditors (e.g. you get into a car accident and injure the other driver) from easily going after the assets inside the LLC.A comprehensive asset protection plan will account for both inside and outside liabilities.

The team has a key player injured where his absence in this game will surely end up in a loss, but if you play him, he could be lost for the season.  

The solution no matter how you take title (particularly as a landlord) is to exceed the implied warranty of habitability, make sure you are up to date on all licensing that's required to legally rent the 5 units, identify and eliminate premises liability risks before anyone is injured, and be fair and responsive with your tenants.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

(Dog bite, car accident, pool, injured worker, etc etc.) in which case you’d lose the property anyway as it’s in an LLC you own.