Mainly depends if you & your husband have other assets you can risk losing if you're sued (primary home, 401k, stocks, etc).The downside is chartering an LLC makes financing more of a pain (adverse lending terms).

I don't think w two you've reached the pain point yet, that usually hits many in the 6 - 10 range when banks start getting more stringent w borrowing, and paperwork, makeovers, direct renter engagements start taking more time and interupt your lifestyle.

Many renters are painfully ignorant about what they have insured, and many believe that the landlord will pay for what was described above.

That's really a relief. 

Find a niche within the industry and learn as much about it as you can, then try to locate motivated sellers...always try to solve a real pain.

I know it’s not fun painting ceilings, it can be a pain in the neck but let’s do the job right the first time and put a coat of paint on it.  

. :)Given that I've provided free rent, relief of late fees, free things, and paid for energy, I am hoping that they are decent enough people to simply move out, and be happy with the fact that they were the beneficiary of a lot of things. 

Baltimore city in general will be more of a pain in the butt to deal with.

I've done deals in over 30 states but if someone came to me just wanting "comparable" properties so they could decide what to offer for a property, I'm not sure it would be in either parties best interest for me to provide such a low level of service to my client.Apologies if this comes off as harsh, it just pains me to see such a large decision (not sure the $ amount so just assuming here), being made with very little knowledge / information.

Florida's Distressed Condominium Relief Act (2010) comes to mind.