If the LLC is an operating business..... lets say providing roofing services with annual revenues that are consistent or even better increase year after year for 10 years, lines of credit or other lending options might be available that aren't available for a new business. 

There's no margin for vacancy, a major repair, increases in insurance or taxes. 

Syracuse is a fantastic market, but it's being heavily impacted by the coming of Micron and suddenly increasing property values.

After that , values may have increased , you have built up some funds , and if its necessary at that point , you give it a rehab .

If you have solid equity in the deal or if you have increased your credit score.

An estimated 1.8 million individuals are projected to relocate here by 2050, increasing metro Atlanta's population by 8 million. 

If you bought is as a house-hack, you will only be able to refinance after 12 months due to the new Fannie Mae/Freddie Mac guidelines so you have time to make a decision.The amount of down payment is a lever to mitigate risk or increase leverage.

As for picking a specific market - I would go after one with an increasing job and population growth.

I bring up new paradigm here :it's because of too much expansion of money.What I mean by that is because we have lot of money increasing floating around with downpayment as little as 5-20% can already purchase a house with 30 year fixed debt, the number of potential purchasers are increased by a lot, while supply is diminishing, the amount of liquid hard money is increasing, and liquid money is always going to hard asset like residential.if you cut 30 year fixed program and gov no longer print money, the buying power would reduce.

A lot of people get attracted to buying near the theme parks, but you'll definitely get better appreciation more north, the high traffic usually deters people.