There is all risk and little reward. 

Much less risk vs. reward. 

Randy I do look at houses that sold, i see alot that took 1 to 6 month to sell or rent, so basically i need to setup a plan that it probably will not sell or rent for at least 5 months of reserves on hand which i have to pay in mortgage,  dont have much money to let the property just sit forever i will either sell or flip it, if the price of the property is over 200k , obviously i cant rent it out cause rent will not cover the mortgage,  so i must flip/sell it yes in real estate you need to do your own intellegence and come with the lowest risk/reward ratio business planning much ahead of time, with alternative plan as well.

On the other hand, 1 LLC per property shields each property from the others and provides high security.Obviously, I take everything as risk vs. reward, so I am looking for opinions on this.

There are times when you have to give freely to obtain the rewards you are looking for. 11.

Dealing with crazy tenant laws, but get rewarded with insane returns (factoring in everything)

That was extremely helpful with understanding the risks/rewards of the Detroit market.

Ultimately, it can be very rewarding, but if for some reason, sudden market change, etc. and if you can't pay the investment loans, they will come after your primary property. 

Keep the money, spend it on a nice vacation or other reward for yourself, and move on.

Working with investor clients can be rewarding, as they have the potential of repeat business.