@Shaun Hunt Starting a property management company to manage your own properties could offer some tax advantages, but there are important factors to consider.

Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

For experienced landlords, what factors should be prioritized when choosing landlord insurance?

The rents were at $1000 a door with a potential to increase up to $1250 after some small TLC renovations.When you factor in the price point, lower taxes and lower insurance you have yourself a sure fire cash flow deal.

Factor in hard money loans, high contractor bids for rehabs, etc and you have no deal.

., so only you can decide what fits your budget and your lifestyle best.  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

The most important factor in a 1031 exchange is who the taxpayer is for the property.

Financial freedom goes beyond simply replacing your current income; it's about sustaining your lifestyle for life.

If not and I have to go out and build the team and organize the deal, I will factor that in too.