SFR in Butler County, OH

[Paul Post]

Hello All, I have been browsing these blogs and posts for a week or two, and this is my first post. I am considering a turn key 1900 square foot SFR in Middletown for apprx $150K. I plan a 20% down payment and https://www.apple.com/iphone-6/tips/expect to rent it for $1400/mo, with 8% pm fees. I have recently formed my own LLC but have received new advice that it may not be needed and using my umbrella would be a better option. Any advice, suggestions or comments are welcome.