I also recognize that a form of this question may have been asked before, but couldn't find the exact one so feel free to point me in that direction.Thanks!

@Scott Smith and @David Disraeli, I was informed that South Carolina does not recognize Series LLC, thus any lawsuit would follow state established LLC law, not necessarily that of a Texas-based Series LLC.  

And the worst part is that you may not recognize the negative cash flow right away due to a half-assed rehab, but it catches up with you quickly when you run into major repair and vacancy issues.Now, all that said, there are some good turn-key companies out there -- just make sure you do your due diligence.

unfortunately, these are the problems that are very difficult to quantify and even investors to deal with these problems on a daily basis can't necessarily verbalize or even recognize that they are problems.To recognize these types of problems, you need to be an active investor yourself.

Hoping to fill some of those knowledge gaps through BP.. although I recognize issues will pop up due to inexperience.

You may not even recognize how much you are learning, but I can assure you, if you continue to engage in this community, you cant help but learn as you go.

The website you linked to said that prior liens like mortgages are wiped out but prior lien holders may not recognize that and you may have to defend against them. 

I'm asking 875 due to the home being in great condition recognizing this is a rough time of year to find renters.When I get inquiries I send them an initial email asking them and any other adults in the house to fill out an application at no charge.  

Then when you find a good deal, you will recognize it and act accordingly.With regard to your credit score, glad to know you are working to fix that.

In addition to your lessons learned, @Andy Robison, I see a significant problem you didn't seem to recognize; you did not do an appropriate financial evaluation of this deal up front."