@Eddie Starr I can only speak to the first one and I agree with @James C.  

@Roy C., yeah that clinches it for you, your accountant is a bad accountant.If he actually said  "According to my CPA, in sole member LLC, there is more flexibility as far as using personal fund for LLC vice versa"    .. run. do not have him do your 2016 taxes, find someone else. 

Personally, I think a *good* property manager has already set the threshold of property values/characteristics within which he/she will operate, because marketing and screening C/D neighborhoods is not the same as marketing/screening A/B neighborhoods, nor is it the same regarding vastly different price points.

Luckily the alarm must have scarred them off because they didn't take or damage anything inside but they did get the a/c unit.With this experience we realized we need video streaming inside & out, which is not supported with a cellular signal so we would have to get wifi.

@Jack C. while this might be true in Las Vegas, not every property sells "close to list price" if its on the market long enough. 

C class deals are selling on 7 caps and some times less.

A "C" class neighborhood with low rent may have higher turnover than a new area with top of market rents.You will always have Maintenance cost.  

Not having a specific criterion (ex asset class(SFH or small MF), A, B, C, D (neighborhood), "general area," turnkey or rehab) does haunt me.

A/B/C?

I've been looking around at properties in WPB but, they are in C and D neighborhoods like Rudy said.