Her limit is 90 min train ride from GC which basically puts us at Fairfield Metro as the max.  

Its super funny, those who think rent control is a good thing, and want to limit the amount of monies that property owners collect. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

With this strategy the sky is the limit since you can pick the markets with the best ROI, however this comes with additional problems.

However 0% down is incredibly difficult to obtain, and financing for down payments is limited so you should use that money wisely and find a home that is better than just neutral.Some people say that banking on appreciation or rent increases is speculating, which is true but only if you view it in the short term. 

If you click on the company link in @John Warren signature there is a document which is called "financial terms" and it breaks down the differences between 3.5% and 5% programs including fees and loan limits

The situation is particularly bad in the city’s Northwest Core (Portland, Russell, Shawnee) and West Core (the remaining west Louisville neighborhoods), where more than half of all families earn 50 percent of the area median income (AMI), which is $71,500 for a family of four.According to the study, Louisville is more than 31,000 units (apartments, houses or other living quarters) short of being able to house all its low-income households.Part of this is due to the section 8 audit.

There is a new mortgage limitation on new loans of 750k.

Or find a great deal and partner with a pro/mentor in you local area.The theme being, if you find a great deal you will be able to get into it with limited money.  

Ive studied for quite a while now, and Im ready to dive right in.