When it comes to your home, the right insurance policy can make all the difference.

I would add that this is a geat time to reassess not only insurance coverage but any recurring expense as well as maintenance needs.

Not only would you benefit from having a partner's input on the deal, but you would also have an experienced individual to work alongside with as you navigate the project.It's also important to make sure you have identified your "team" ie; contractors / realtors / lenders / insurance agents / title company / etc. 

I waive escrow on all my mortgages and pay taxes/insurance with cc, put repairs on cc, etc.

Obtain insurance under the LLC.

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100 

Life insurance might be another untapped source of liquidity to look into (if you have one in place).

Operating Expenses includes taxes, vacancy, utilities, insurance, maintenance, and management fee.

Home values have been rising, and you may reach this amount sooner than you think. 2. can you lower your homeowner's insurance?

You don't need amenities like short-term and the people looking for MTR has expanded from travel nurses to displaced homeowners, future buyers, just sold sellers, relatives coming into town, insurance companies, etc.