Both viewpoints can be valid, the key is to analyze your own investor situation, needs, and risk tolerance.

I own a property in a similar area and it's not my favorite but it cash flows $250/door so I can tolerate it.

Mostly because everyone on BP has really good advice but a different risk/reward tolerance as you -- and therefore you'll have to take everyone's opinion and then reframe it to fit your own risk tolerance.

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).

Everyone has a ROI goal but it comes at a price; we call that risk tolerance. 

There are SO many variables.Each market has an offer tolerance. 

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).

@Corey Noid a lot depends on your risk tolerance. 

You will get an idea for their risk tolerance. 

MFR, risk tolerance, etc.Is that a totally annoying answer because it doesn't really give you markets?