However, it will only protect you IF someone sues the owner of the house for something that is related to the house which would be the LLC. 

I decided to do it for the relatively quick timeframe it provides all the analysis knowledge and tools.

I would also point out that you did not give enough of your current status as to strategy, risk tolerance, age, income currently, etc. etc. etc.There are different options available for a private residence.

In this here age of the smartphone I would think it would be attractive, and almost expected, for investors to be able to track and check their investments at the click of a button just as everyone can with stocks, online banking, etc...

I was wondering if anyone could provide suggestions for a daily newsletter related to the real estate market in the US.

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

I have researched into the program and have not found much relating to the process to get approval for a loan on this program and what other requirements I have to meet.

I was searching for foreclosures/preforeclosures and I found a relatively cheap/"the numbers worked"I do not have a credit or capital currently and FRANKLY, I DON"T WANT TO START OFF IN A "F-" NEIGHBORHOOD SINCE I DON"T WANT TO DIE OR ALMOST DIE every time I COLLECT RENT!!!!!!

You will take your purchase price and add various acquisition-related costs, typically found on your closing statement.  

Also reticent to take on more mortgages at our age.