Remember that the more complexity increases not just legal set-up and ongoing fees, but tax prep and advising fees as well.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

Unfortunately, there is not...unless you want to count gurus that charge you $10K/year to be a student, but they, themselves, don't really have the background necessary to advise (read some of the backgrounds of these jokers...really...you'll be stunned).

She advised me that the next step is to schedule a $97 Consultation with an Attorney. 

I advise clients to do the same when they are starting out so they don't get this feeling of FOMO for deals they aren't doing

I typically advise to buy as big of a home as you can.

Just for future advise if you have equity in your home its best to get a heloc ahead of time and just have that credit line open similar to a credit card so you can tap in to it whenever needed weather it be to pay off debt, or invest in your next property or for family emergency.

My better half actually advised me from the get-go to let it go (I have a t-shirt which says "Let that shitake go!").

I would advise you to approve this applicant unless there is a strong, objective reason not to - such as eviction history, a recent criminal conviction, or their income (including all disability income) is less than whatever standard you have used for all of your past tenants.  

I always advise home-buying clients to research home warranties (aka avoid them), and I wouldn't even consider it if it was an investment property.

A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.