You consider an opinion to protect yourself negativity?

This project won't be a consideration for at least another month, if not more, so I've got time to interview more contractors before I even consider an actual offer on the property.

Beyond that you should consider an umbrella policy - it is a policy that kicks in after you have hit the limit on your primary policy.

a) Avoid any unnecessary costs as a beginner b) Get a few properties under your belt first before you consider an LLC. c) Consult with a good real estate CPA (not all llc's are equal)d) happy investing !  

Ruins the finish and stains hardwood, and will often go into the cement slab and stay there so the smell won't come out so has to be covered with some kind of sealant.For a unit with all hard surface flooring I might consider an already trained cat.

Consider an equity line on your primary residence.

Another option is, If you know you have a buyer, and the seller wants a huge EMD consider an option contract instead.  

I've been heavily involved in real estate for 2 or so years now and have what I would consider an above average knowledge of real estate investing thanks both to being an executive of a local investors group at 18 and also as a Realtor for close to a year now.I've listened to if not hundreds, thousands of hours of podcasts revolved around real estate so am very familiar with "no money down" investing which is the route I am trying to go, however, it's off to a bumpy start so far.

@Benjamin Kanevsky If you have another source of income, it will be easier to slowly build a PM company from scratch.If you are looking to quit your day job to do PM and need sufficient income to pay the bills, it is probably easier to buy an existing company.I would definitely have some kind of corporate form for the business, and I would also recommend having an attractive website as a starting point.As you grow the company, you may consider an enterprise backend solution like Propertyware.

Pulling lists from your county (tax delinquent, probate, evictions) or from the city (code violations) skiptrace the numbers and cold call them asking if they would consider an offer on their property.