Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Hi Kristy,Might I suggest factoring the new CT Rail commuter line into your search. 

And the headache factor of three doors is very low compared to the planes, Mercedes, 1031, and other items mentioned in the thread.

When you're all considering calculations.. do you factor in the leasing fee (typically around 100% of a month's rent -so on a monthly calculation it'd be 1/12th of a month's rent assuming 12 month leases) in addition to the PM monthly fee, too?

What that is depends on a number of factors not mentioned here.What are the terms of the loan?

If it was a large out of state apartment complex I may feel differently depending on all the numbers and factors. 

You really can’t manipulate health and army factor to move. 

You need to factor in vacancy, maintenance etc...

Yes a conventional loan is cheaper but when you factor in the opportunity cost of the deals you will lose then hard money doesnt look too bad. 

@Nick ColvillI don't have extensive experience on the commercial side but I do know that each lender will look at 2 main factors when evaluating a commercial mortgage loan - The LTV and the Debt Service Coverage Ratio.