If the rental is in an LLC and I insure the LLC and myself,  lets say the tenant sues the LLC or me then my LLC protection will not be shielding my personal assets? 

This type of strategy works really well for people who worked at a company for a long time and whose stock did incredibly well.These are concepts even financial advisors get tripped up on so feel free to clarify anything that doesn't make sense or if you want to give more specifics I can give examples and math.

I have been wanting a 2nd property for many years but I didnt feel financially comfortable with the idea of buying a 2nd one until now which is my early 30s!

It is that powerful of strategy that speeds up your time towards financial independence much faster than any other strategy!

I feel compelled to reiterate that my dealings with Flip System in Detroit have been incredibly stressful, leaving me to face significant financial repercussions.It's disheartening that Antoinne has ignored my numerous emails detailing the issues I encountered, yet he reappears on these forums to invite me to boost his credibility in my own properties, presumably to enhance his reputation.

Looking to hear from everyone and specifically from those that have obtained their financial freedom goal within a span of a few years. 

This will put FURTHER pressure on the owners who paid way too much.So...if you are NOT in a good financial position with your rental - if you are relying on it for INCOME and things have gone sideways, GET OUT THIS SPRING OR EARLY SUMMER. 

Now that I have graduated from Winona I would like to branch out and see what options there are out there for me to become financially free.

I will say though if you have the ability financially to do multiple deals a year the 15k could be worth it just to get in with the right contractor. but keep in mind if they are selling this to the masses in a few markets there is going to be a real issue with saturation and not enough folks to actually work on the houses. it takes a special kind of contractor that will do reno's in these markets at a budget that is going to allow you a profit..

Algebra and Geometry books on how they relate to REI.Proper knowledge on ho to analyze marketsThe importance of learning as many different strategies as you can, and then knowledge about those strategies, how, when and where to apply them, and the math behind them.Learning what a REI Plan is, and the difference between a Plan, Financial Goals, and the steps that lead you from where you are to your financial goals.The most important knowledge, is how all of this goes together.Now I've already done all of this, and more, but these are some of the most important things that are lacking out there.