These are all valuable tips I will apply on this journey. 

This is the kind of insight that makes this forum so valuable.

The upside is, even with a personal guarantee, the mortgage will not show on your personal credit report.Lastly, in both, while LLCs do offer a level of protection, which is certainly valuable, they also require more work.  

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

But if you need fast cash and have a valuable property, hard money loans could be a better fit.Have you had any experiences with either type of loan?

There will be competitors in your market that offer viable housing options, so how do you capture these valuable contracts?

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

In similar situations, it may be worth considering renting first and selling later when market conditions are more favorable.Finally, the importance of choosing the right agent is a valuable lesson.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

My suggestion would be to read 1-2 books/articles in each space and then set up conversations with 1-2 investors in each space to truly understand what skill sets, etc... would be needed in each avenue.