Welcome to Bigger Pockets Derek!

Keep this in mind when going the VA route for management.2) If a deal breaks/is no longer profitable because of Property Management Expenses, it might be best to find another deal with bigger margins.

Hi @Ian Dale Ibrado,In Canada under the commercialfinancing umbrella for multifamily, there is "conventional", "RegularCMHC" and "CMHC MLI Select" which have different requirementsfor debt coverage ratios, loan to values, down paymentrequirements, amortizations, and interest rates.

@Cameron ScheuerWelcome to Bigger Pockets.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Welcome To Bigger Pockets!!

I'm new here on bigger pockets, new to real estate as a whole.

I believe both Columbus and CCA tax off of income so the income wouldn't be includable on the return where it's not present (100% apportionment to CCA).It's very important to note that not all jurisdictions in Ohio tax at the local level and there's not a ton of rhyme or reason as to why outside of bigger localities being more likely to do it usually.

Im hoping to make it bigger than just a simple class project so Im seeking to learn from the best sources possible.Here are a few questions, but feel free to share anything that comes to mind:What property management software do you currently use?

Then in my bigger unit I decided to use the $1.98 a sqft LVP and I have had nothing but problems. thought if I spent a little more and got the water proof stuff it would be better.