Brian P. is correct, in that a poorly operated LLC can be pierced, especially if you do not observe the corporate formalities and respect the entity.

I would just have them find what they saw wrong and me observe from what I could with pictures and then find my own. 

Although I watch the market as a curious observer..

The money is made not rushing into things but sitting observing and striking when the right deal presents itself. 

@Bryan Clement great observation.

Casual observation.

I speak more like an outsider in RE, and my opinion is based on my general understanding of a bigger picture and lifetime of observation of things around me.If you ask of technical side, I would say what you pay for investment property will decide the outcome of your project.

Also, though this may be a superficial observation, his profile pic makes me suspicious.

Example: our insurance agent drove by the properties and gave a different opinion than the seller vs. the inspection company. great approachWeGoLook.com - can't remember where we heard about this option, but there's a company called WeGoLook that you can pay to drive to a property+neighborhood... they'll take pictures, video and do a simply 2 page PDF summary of their observations.

just my observation.. some cities are simply worse than others.. one main thing I always look at is bar's on windows and caged condenser units.. that's an indication at least of petty theft.. but stolen condenser that will cost you a few bucks when and if that happens.