Hard money isn't your only choice (Your Choices: Banks, Friends and Family, Alternative lenders, Hard Money) 2. 

Is this beneficial?

Good choice.

Anyone have experience with either of the following:  American Home Shield, Choice Home Warranty, Liberty Guard, or First American? 

@Jaclyn ManionYou CAN buy a property with $6000 down, but it probably won’t be a choice property.

Hello this may be a silly question... but I was wondering is it beneficial to have a construction LLC for rental properties..

I am fairly handy, but I want to buy in a good neighbourhood that will appreciate well and attract quality tenants.I am assuming it would be very beneficial to speak with a local mortgage broker and real estate agent that specializes in real estate investing, but don't know any. 

Good tenants usually have choices in terms of housing and, at least based on what you've described, they would choose NOT to rent from you in this location. 

I would find a team that's already doing this in the market of your choice and see if they are available to help.

I would personally avoid violent crimes, our tenant had made a bad choice but it wasn't a violent one.