If you're planning on doing flips just beware because a lot of the older homes are more in isolated areas and even when reconstructing a home most families will want to live in a subdivision for the amenities.

Unless there is isolation between your investment property and your personal possessions and assets - even your other investment properties, they are now all exposed and at risk.That's why the $1MM recommendation on the umbrella policy.

The ones on the other side of the MHP are a bit isolated but the "cluster of 3 looks good.  

He has a suggested model to provide very good isolation of your personal assets from your REI holdings.

But I wonder if that's just from isolated periods of market activities and in the long run the average growth rates are similar?

Many seem to gravitate around $250K of equity per LLC.Also, properties that are higher risk may need to go into their own LLC to isolate them from other properties.

Isolating them from predatorial law suits is just being business smart, and the LLC entity performs this act, limiting damage to assets held by that LLC.

The fire dept turned off the water at the street by the time our guy got there, and the City quickly got involved exerting a fair amount of pressure.In the interests of keeping this story short, these are all the things that we had to do: Communicate with the property owner, the tenants, and the city constantly, offer hotel rooms to affected tenants (some took us up on this), secure the building from future squatters, get the water main and all pipes thawed out, have the water company turn the water on at the street, have a crew of plumbers isolate and repair/replace broken pipes in a muddy crawl space, clean up the mess created by the water in the basement/crawl space, get into all apartments to inspect for damage, test and get water service restored, and repair some internal damage to one of the apartments (that's still in progress), and apologize to the tenants. 

Hi all, I have a vacancy coming up in February and was considering using that unit (in a quadplex) as a MTR. It’s 6 minutes from a Level 3 trauma hospital, 12 minutes from another slightly bigger hospital, and 25 min...

And it's not isolated - I had the same issue with a 4-unit - I bought a few bags of mortar and did the work myself.