I have also started courses to obtain my brokers license in WA.

The Columbus market is really moving quickly, so make sure you know where you want to be...both in asset class and location.

My understanding is it provides asset protection from the outside, but not from the inside in the case of a tenant winning a judgement.  

I’m sure she meant to say “income and assets.”

I was acquiring and managing assets from Germany for a couple of months.

What happens to the remaining monies or do I have to go out and "sink" those monies into other assets until all the remaining cash is sunk it investments?

Don't forget, you have to dispose of the asset or refinace in 5-10 years, what is that going to do to your returns if the market is softer?

As the title says i'm new to the investors world and don't hold any assets currently. 

I really want to do the right thing as I am purchasing this home for investment purpose and will like to put this in an LLC to separate it from my personal assets and be cover from a liability stand point, but can't really afford the 20 – 25% down payment.

There are also liability issues, privacy concerns, and asset protection factors to consider.