At what value do Lawyers tend to like to pursue?

[Raul Reutov]

Hi BP,

I am just about to be done with the initial learning phase of my real estate investing education and had a question about leverage.

In the book "The Book on Rental Property Investing" by Brandon Turner, as well as in numerous podcasts, say that leverage will help you protect your assets, along with insurance. 

I am thinking about waiting to get an LLC and only getting one formed down the road. "Down the road" being when I have enough assets and Net Worth.

Questions:

At what Net Worth should I get an LLC formed?

At what equity amount do Lawyers tend to pursue suing on? 

Does this add up across all of the properties you have under you, or does it only matter for the properties individually?

A More specific question based on the questions above: 

Which properties will a lawyer pursue in a lawsuit?

     * Property A - has $10k in equity

     * Property B - has $20k in equity

     * Property C - has $40k in equity

     * Property D - has $100k in equity

Thanks for your help!