I'm ready to pull the trigger on a 3/2 in Atlanta, but the rental zestimate is $1095...

Hello BP,I'm trying to analyze a deal everyday until I pull the trigger on MF.Here are the details:Purchase price: $1.049MMonthly Rent: $81001-2% rule, no: 0.77%Area: B+/-Units: 3/2.5Days on market: 203Year built: 2015Estimated commission to me: $31,4912 car Garage1800 sq ftQuestions:1.

They will dispatch a service to fix the problem and then one of three things happens: it was either a free courtesty service, or: they will charge your account (and deduct it for next months rent, not from the sec dep, so if they don't pay, the rent is short, which will trigger a late notice that can lead to eviction), or: they will give you a written notice and enforce the rules and regulations you have signed.

., and am all ready to go but have held off on pulling the trigger because im not quite sure how to handle a couple of complicated situations:1.  

No firsthand experience, but every time I've seen this question come up the responses indicate that for a few small units LLC will not protect you better than simply adding an umbrella policy to your insurance while being more complicated and expensive to maintain.Also many snags to consider such as banks not likely to finance residential property to the name of an LLC, transferring to an LLC later can trigger a due on sale clause in your mortgage, if you mix personal funds and LLC funds to pay for something you can negate all legal protections.

That being said, if the building featured a mix of 2bed, and 1 bed units, I would be tempted to pull the trigger if you could get the rents up fairly soon, especially because of the price of units in MA.

the guy with the 5-25K car or the guy with the investment of tens of thousands of dollars, your 'collateral' is not collateral at all if its the trigger that causes the Tenant to lash out towards you through your much more expensive investment.Of course all of these are extremes, my point is that just because you can do something (big if) does not mean you'll come out on top, you may very well still loose in regards to protecting your investment, reputation, cash-flow, profit margin..... get my point.

Perfect, I got the FHA loan already, when I'm ready to pull the trigger for my next deal I will definitely keep this in mind.Thank you @brian Garlington

I am pulling the trigger on a much larger complex, though, and the depreciation expense is substantial.

Finally pulled the trigger on our first duplex and we are excited about that.