Other additional expenses include smart locks for all rooms once a week house keeping and furniture.

This is how Dave Ramsey went from $12 million in real estate to bankrupt in six months back in the 80's.

Hi all,I'm new to investing and saw a 4-unit property this week.   

We had a few hiccups with the timing of contractors on site and it lead to a 4 to 6 week delay.

I noticed you have a broken recliner and several bags/boxes of trash in the back yard for several weeks.

Quote from @Chas Lumley: Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can not buy the property under an LLC, but I could transfer to an LLC after acquiring. 

Easiest and least costly is to go there and spend a week or so to get everything in order.Another one is to hire someone trustworthy and pay them to put it in their garage or in a storage unit for a month

Every bedroom with exception of the $1095 one got rented the first week.

We are closing on our first South Bend rental property next week, as our local market opportunities have become non-existant unfortunately.  

Additionally, last week I received this email from them as well...seems like a rob Peter to pay Paul scenario...none of which sounds good...Secured Note | 17% Interest | 12 Month TermMy partners and I are raising $5 million of short-term expansion capital for the Money Is Mastermind, our exciting and profitable growing business.We have roughly 1,900 paying members with a current valuation of $43 million.