It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.Obtaining a loan in an LLC can be difficult, but not impossible. 

Prices are very much at a premium wherever you turn and it seems nearly impossible to find a property that even remotely makes sense after some hacking and value-add.

I COULD just have title pay off the existing crazy water bill then keep working to have Philly Water reimburse me, but I also have heard horror stories of getting the city to pay you back on something like that being difficult to near impossible to pull off once you've actually paid them.

it is a difficult area if you need help since impossible to find reliable contractors and property managers.

., which is close to impossible to get done all at the same time in a few hours between tenants. 

It is impossible to nail your budget down to the penny.

One thing I will say is that it was pretty difficult to get approved for a loan for a primary residence on a grad student stipend, so I'd imagine getting an investment loan would be almost impossible.

It is literally impossible.

@Janeil Gray not impossible but highly improbable that you will be able to convince an agent to share a $0 down offer to his/her seller. 

It is quite impossible to screen for this stuff.