You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.

I just think for me $15000 would have been better spent on a down payment on a property.

I was wondering what your experience has been, good or bad with buying rental property in close proximity to the firehouse/station?

If you're looking to save some time shifting through properties, our company, Winnow, automatically scans and analyzes every newly listed property and then sends you the ones with potential.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

My goal for this deal is to purchase a cash-flowing multi family property to buy and hold.

I will be the one actively managing the property and doing most of the research, and my brother will act as more of an investor.

Buy a quality property, stay away from the hood, rehab it as if you would move in, take your time picking a tenant, you'll be find.

I currently have a client looking to purchase their first investment properties here this year as well as in other Midwest markets that are also showing some of these same factors coming to light.Another thing to consider is that OKC is home to nearly 20,000 military / government workers with Tinker Air Force Base and the Army and Air National Guard posts there. 

Awesome job with getting a cash flowing property!