Well, once I started the process of buying I was quickly introduced to the importance of title insurance.

It’s easy to find tenants, population/jobs are increasing, and property taxes/insurance aren’t skyrocketing. 

To thrive in real estate investing, you must maintain a firm grip on your finances.

Because I’m unable to obtain an insured title for two years, I did not plan to invest in this property until then for risk of losing my investment.

Real estate investors often find themselves working with many providers between insurance, financing, property management, tax preparation and strategies, etc.

Within the next two weeks, we will engage construction firms for engineering services and project RFP's.

I’m a Colorado commercial insurance broker and have a lot of carriers available in my agency.  

Our insurance policy for the project alone was well over $100k. 

Some strategies to lessen the negative cash flow are: house hack and rent out the other unit as a mid-term rental (to traveling professionals or for people temporarily displaced because of insurance reasons like fire) or short-term rental (business or vacation).

Asking an attorney if you have enough legal protection is like asking an insurance sales guy if you have enough insurance.