To be liable you must be at fault.A business entity has disadvantages, cost of maintaining the entity, legal, accounting and management.

What are the advantages and disadvantages of each one? 

Another disadvantage we were facing is that our rehab completed the week after Thanksigiving, and finding renters in Al is slightly harder during the winter months.

While there can be some difficulty dealing with associations, I feel the advantages far outweigh the disadvantages as long as you do proper due diligence before buying.

Aske which type you are being quoted and the advantages/disadvantages of each from the Agent.

I would argue there is no such thing as a truly free market, and that all economic activity is framed within a larger structure of advantages for some and disadvantages for others. 

There are programs on campus dedicated to "educating" students on how if you're anything other than a white, straight male and you find yourself at some sort of disadvantage in any way, you have every right to blame the system and others and rebel because they screwed you over and failed you.I live near a district attorney whose policies apparently favor police unions.

Just know that out of state investing leaves you in a disadvantaged position overall.  

You'll get certain advantages and disadvantages at every stage, but as long as you just keep at it consistently over years, it will be worth it, as long as you're buying deals where the numbers make sense.

I do know that there is more supply in parts of DC and Maryland- which has its disadvantages as well.