Many investors use LLCs or trusts for tax benefits, asset protection, and estate planning, so this flexibility can be a significant advantage.5.

Vetting a property management company is crucial for protecting your investment.

She suffers some inconvenience.

An LLC is useful for two things: anonymity and legal protection.

LLC is a WY corp, so this would require waiving WY protections. 2.

Oftentimes, mobile homeowners will roof their home with a shingle or steel roof for added visual appeal and water protection.

But I can't if closing costs are 3-5% for purchase price of each home. 4) How do I protect myself and give the seller assurance from renters with the structuring of the home insurance?

I would avoid, suffered huge losses due to 6+ month vacancies between tenants and very expensive turn repairs (~4k after only 1 year).I will update this post if my experience changes for the better 

@Raul Mena There’s really no need for an LLC at this time, but landlord insurance and/or an umbrella insurance policy may be a good idea to give you extra protection because of those other people living in your home.

For example, do you need a permit to swap out windows (lead renovation EPA requirements for the age of home or do you need tempered or fall protection) all the way to a city that has $3,000 permit fees.