Quote from @Gregory Wilson: Natalie, I don't usually want to debate what are usually opinions, but this needs some correction.First, as stated above, tax audit issues are about 7th on the list of reasons to have every rental property in an LLC.

Clearly their pricing strategy isn't working for some reason. 

I currently have around 20k cash for a down payment and that is steadily increasing so I want to pull the trigger soon.I'm interested in Fort Wayne for a few reasons:- I have some family in the area (they won't be involved, but have some general knowledge of the area)- Decent schools- Low crime- Airport- Low pricesAny advice or connections are welcome as I am completely new to this.

Anyone can sue someone for any reason or no reason at all.   

$400 to heat four units in New York in the middle of winter seems pretty reasonable.

Jeff makes up repeated excuses and strange reasons as to why he can't/won't pay (i.e. family emergency, bank is rejecting wires, software/website is buggy, telling investors to go "f*ck their mother").I'm in a group with 30 other investors who were also scammed by him. 

Quote from @Bruce Yi: @Gustavo Delgado what's a reasonable additional deposit? 

However, my main question is how investors determine a reasonable target, especially since some investors with access to higher capital are able to target projects with higher returns than the easily accessible passive or traditional opportunities. 

It is for this reason I bought the house but my family does not want to move there.  

The judge might also find that "reasonable legal fees" is a number much smaller than what you had to pay your lawyer.