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Clint Coons from Anderson Business Advisors discusses common mistakes made in creating LLC operating agreements. He emphasizes that many individuals rely on inexperienced attorneys or online platforms for their agreements, mistakenly believing they are protected. Coons notes that these agreements, often lacking critical components, can leave individuals vulnerable, especially when they do not fully understand the content or omissions within them. The discussion serves as a cautionary guide for real estate investors to be aware of the potential pitfalls in their LLC operating agreements to ensure adequate protection for their assets and business operations.