Patsy Waldron that was a concern of mine patsy, but the lender I had talked to said as long is the property approves and fits their guidelines I can do one after another.

Not a rule, just a guideline. 

The down payment program may have more restrictive guidelines, over and above that of the FHA loan.

If you don't follow strict guidelines to create clear and demonstrated separation between your personal activities and your business activities you are exposed to the LLC being viewed as a shell entity and it will not provide you the LL that you seek.  

@Harry Gamble makes a good point. 

If not, I might as well invest in Treasury Bonds or gamble on some stocks, which are far less labor intensive than anything in real estate will be.

I was wondering if there was helpful guidelines, or a good reference I could use.

Overwhelmed brother is acting as decision maker,  (MIA gambling-addict) son would be sole heir if borrower dies intestate.The owners of the note have had contact with borrower's brother.

@Nate Pomeroy That is actually why I asked the question about class since I too took a gamble and purchased 2 C class SFRs in Ohio and they have been awful for management. 

That said I have still found a few 2-3% guideline properties and a fair number of 1.5% properties outside of the craziness of the north DFW area.