The houses were very affordable back then because of the resent market crash.

We have a place that my family and I can crash until we find a house.

Why would hedge funds be on a buying spree if the market was really going to crash?

Regulations forced banks to dump properties during the GR, which drove much of the huge price crash.

If I were you, I would try to take a crash course on triple net industrial and learn all you can before moving forward.

The two benefits to this is you have good equity in the properties right from the start protecting you from any future crash and you are locking in debt that will remain the same for term of your loan.Either way, you will not lose.

Scenario 1(No LLC): Say you get into a car crash and it happens to be your fault.

I have seen those who do ugly things make it big for a while, but have it all come crashing down on them later. 

Well:[1] Could you do this yourself to save  buck (probably not).[2] Would you want to do all of this unpleasant sewage work if you could (probably not).[3] It's done now, and the cost was the cost.[4] How did Coors Beer Bottles get down into the sewer pipe (???)

If the spring snapped and the garage door crashed down, it would have taken 2 people to lift it up off the car, one to hold it while the car was removed.