Flexibility – Investors at the beginning may often like the flexibility of mixing and matching coverage as their needs change or their risk profiles evolve.While this approach works for many Investors initially, as they scale and risks become more complex, managing multiple policies and relationships can be burdensome.

Hey Lia,First and foremost, congratulations on taking the initiative to embark on your real estate investing journey at such a young age.

We have a PMI of $250 a month and I’d love to get rid of it.I contacted the bank for a request for PMI to be lifted and they denied it.They said I could order an assessment of the house through them and then if house / condo come up with enough gained equity then it might be possible .Does anyone know the best first initial steps to order a home assessment ?

He had no losses and lead me to believe I would get my deposit back initially.

He is actually VERY qualified and gave you great advice that you initially were going to ignore:(3) Understand that no matter what property you buy, you are buying someone else's problems.

Don't think you need to buy the first property that comes your way (I did that initially...actually just sold it at a break-even after all expenses).

  :)The initial purchase price plus the actual cost of remodel.

The likely market rent in this area is as low as $995 and probably no higher than $1195 and a lot of the rent will depend on condition of the property.Pull up public records on the home, and you will see it initially sold in 98 for roughly 50k. 

Anticipation of these cuts initially moved mortgage rates downwards to their lowest in nearly 20 months.

Just a few items that stood out reading your initial post.