The out-of-pocket cash you save could FAR outweigh the "negatives" you might feel about FHA.  

@George BittarAdam is exactly correct that the services provided and quality of service far outweigh geography.  

I look at the ease of re-keying (takes about 10 seconds to re-key one lock) and that has far outweighed the issues I've had which one was my fault and the other was that the lock would just spin and not lock/unlock.

But so far I feel the pros outweigh the cons.

The risk you'd have probably doesn't outweigh the benefit.  

I knew the potential far outweighed the current condition, but my confidence could not overcome what their eyes were telling them.

Advantages would be the types of exit strategies outweigh what you can do with regular real estate investing.

If the location and price truly outweigh those it might be a good investment.

If you are a newbie or even a novice I think the risk could outweigh the reward.  

Essentially, at the beginning of your investing career, your exposure is relatively low and therefore the benefits of putting properties in your own name will likely outweigh the liability protection the LLCs give you.As always though, it's best to consult with an attorney and CPA who can advise on your specific situation.