A cost segregation study with an engineer and audit protection can easily cost less than $5k. 

The lots themselves are located on a State Owned and Enviromentally Protected Lake, would there be extra considerations made?

We feel this doesn’t protect us from tenant damage (e.g., stolen smoke detectors, fire extinguishers) or cover costs for anything beyond normal wear and tear.

A lot of out of state investors reap the upside potential of the Nashville market (and protect themselves from some of the downside) by investing in the high-growth (yet moderately priced) secondary markets near Nashville (i.e.

I'm interested in renting out rooms and would like to know what provisions are people including in there leases to protect themselves and their tenants.

With conventional financing on a primary residence, you can put as low as 3.5-5% anyways.LLCs are more for liability protection over tax purposes.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

LLC is mainly about liability protection.

It's tough when unexpected costs pop up, but those experiences definitely make us sharper for the next deal.Switching gears from renting to selling was a smart move given the circumstances.

Now I have to register every year with the "housing protection department" because my unit is "available for rent".