They are slowest to rent and sale plus the turnover rate is highest.There's of course a lot of variables but that's a simplistic explanation of how I would proceed based on my market.

I decided against it when I found that having property in the name of an LLC may cause issues when attempting to get future financing from a more conventional lender.I'm looking for an explanation on how any company would want to lend to a brand new LLC without a personal guaranty.  

I have never been to Kansas so I do not have any geographic vision.  

@Ryan CameronThanks a lot for the explanation, it did help.

I was told that an S-Corp would be best for my situation, but I wasn't given a clear explanation as to why.Can someone advise me on what's best or point me in the right direction.

Probably not absentee, but we're undecided about the equity/geographic/demographic criteria as of yet.

If accredited you could start looking at putting $50K into apartment deals that are run by experts w/solid track records to give you some geographic diversification, scale.  

I asked: Please explain how YOUR asking the interest rate in the bank for a CD guarantees a good deal.I didn't say anything about you being "WRONG" about  buying CD's simply asked for your explanation of this process. 

Are 35805, 16,10, and 11 zips you also consider good for investors, or are you just distinguishing them geographically from 03, 02, and 01?  

It was part of my long winded explanation why I couldn’t care less if a property was positive or negative $200/mo.