And you need to factor in the costs of setting up the LLC, the costs of another tax return/accounting, and the ongoing costs to maintain the LLC.

If you can find a CFP who works with landlords - that might change things - but you are still facing some sort of bias.An estate planning lawyer is a must, but you probably don't need an ongoing relationship with him/her.

Some folks in your shoes will put together a lease-option (if property is not much underwater) to get a non-refundable option fee from a tenant-buyer (around 3% of the option price), shift the first $x of each maintenance outlay to the tenant-buyer, and be rid of the ongoing PM expense.

Based on going over the place with the seller sounds like 1k of work depending on how expensive you want your appliances.

And big repairs on an ongoing basis.

As you know, our Success Stories forum is a place where you can share all your little successes, and we encourage you to do so because when others hear about these accomplishments, they are more likely to want to connect with and work with you.I definitely encourage everyone to share your ongoing successes here in this forum.Case Studies of BiggerPockets SuccessThat said, we're now launching a new page on the site devoted to case studies of users who want to go into more detail about how BiggerPockets has helped their real estate business.

I was planning on going with conventional financing with 5% down.

Both have an area meetings where you go to an ongoing rehab, you get to speak with the investor, his/her contractor, probably a finance guy there and obviously, the other investors that are there.

Once you are named as additional insured, and you have an ongoing relationship with the contractor, you will usually continue to receive updated certificates of insurance (until the contractor cancels the policy or notifies the agent to remove you from being named as additional insured).

The IRS has commented on the use or ROBS 401k for business financing and concluded that it is a legitimate use of retirement funds provided the rules are followed; therefore, it is important to work with at team of professionals that understand the rules at the time of plan set up as well as the ongoing annual compliance filings.