A couple things I thought about that is worth thinking about... and this is where the whole "I can escape any liability" statement is actually a "misrepresentation" of the facts...
With today's lending standards - many lenders will have you sign a personal guaruntee... Or won't lend to you at all. Remember that the LLC will have zero credit history etc. YOU do (or should). If your LLC has substantial assets (such as buying an apartment or a building etc) and you're putting up some big bucks (percentage) then that is a different story.
Remember that LLC stands for Limited Liability Company. Great if you have no assets and don't need to borrow any money. But lenders are totally NOT wanting to lend to something where there is no hook. It will protect you if you're a contractor - a lawyer - etc. But if you're opening up a "shop" and you want to sign a lease contract or have a line of credit... you (as stated above) may end up signing on the dotted line. It ain't 2007 anymore.
