While under normal circumstances it would be the tenants responsibility to have renters insurance to cover moldy clothes, since the problem wasn't immediately fixed they could easily counter argue that it was the landlords negligence in fixing a health related item in a timely manner that caused the damage and not just a standard case of a moldy apartment. 

Whereas a nicer place might bring in more rent ….not to be sexist - rent to women …..also have a super tight / strict lease ( esp about parties ) ….I have a 23 and 26 yr old son and daughter that rented and reviewed their leases and was blown away 

Having a high threshold for pain as well as dealing with undesirable circumstances (two things all the Jackass guys seem to embrace) no doubt comes in handy as a landlord. 

I've seen women with great credit sneak in their no-good boyfriend.

I have done some of my own research on the difference between domestic and foreign LLC's, I'm still unclear what to do as everything I read always has a disclaimer to talk to an attorney and accountant about "my specific circumstances".

For example what is it comfortable LTV to maintain over all of the properties and how much liquid cash should I have per property put away in case of vacancies repairs and unforeseen circumstances?

Each person's circumstance is unique.[* = I'm assuming investors and wannabes have done the basics of paying off all non-asset debt, they have sensible positive cash flow, and have some kind of emergency cash fund suitable to their comfort levels.] 

And while most folks feel comfortable at a hold of anything over one year, there could always be circumstances to your decision that would justify a sale with a hold of less than a year.

I suspect the OP is in a similar circumstance and will be fortunate if they can collect anything at this point. 

Hi everyone - I would love your suggestions on how to choose the right BRRRR market for one's own circumstances.