It has middle-of-the-road tenant/landlord laws—evictions do take around 3-4 months, but there's a clear process to follow.Beyond that, Detroit is an emerging market with a lot of potential.

They use credit cards for emergencies (Yeah, right..) 

Consider factors like a down payment, debt-to-income ratio (DTI), and emergency fund.

My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.

Longboat Key and Siesta Key are two ideal locations for those seeking luxury properties in exclusive but less crowded areas.Orlando: Although more commonly known for its tourism industry, Orlando is emerging as a luxury market due to the rise of high-end gated communities and its proximity to theme parks.

Wanted to reach out to the community and make sure it wasn't a necessity to create an LLC as soon as possible because I would like to make sure I hedge my risk as much as possible in case an emergency would occur at or with a property I purchased and own outright, thanks. 

Emerging Market OpportunitiesOut-of-state investing lets you tap into emerging markets, which often experience rapid appreciation.

Any upcoming or emerging markets that should be on the radar?

If you use up almost all of the 30 k in the down payment you may not have enough reserves in case of emergency.

In Canada when housing prices went up, new mortgages started to emerge to increase 'affordability'-ie allow people to get 30 year mortgages, so they could afford to buy a home.