@Tiffany Archer it depends on your goals, risk tolerance, and experience. 

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).

Like mentioned above it's based on your risk tolerant.

It's really up to your risk tolerance when purchasing more properties.

It really comes down to your risk tolerance with your capital.  

Its important to really understand what problem your investors are trying to solve and tailoring your approach and conversations accordingly.As with everything in life, the decision depends on personal circumstances, goals, risk tolerance, expertise, and the amount of time and effort you're willing to commit to it.

Ultimately, your decision should align with your risk tolerance, involvement capacity, and long-term goals.

Each investor has to pick their own level of risk tolerance for the type of investing they want to do.

Advise for those neighbors who can't tolerate any noise: 1.

You have to gauge your risk tolerance.