I have been in the STR market for the last 13 years.

-save $1k+ in taxes and fees yearly-can use the savings to get more insurance and a higher liability than the value of house. for flipping houses in California does anyone just put into sole proprietor own name and just use the $1k+ in savings for LLC costs into Insurance or use for savingor am I just being too risky. 

A 3BR, 1.5BA in the South End—just the land alone is worth more than $175K.

Don't just read the lease!

This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. 

Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time. 

The one Brandon Turner wrote about doubling your portfolio every year is also good but I cant remember the name off the top of my head. 

HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

The first year was challenging meaning had a tenant but not saving, it was just making my living expenses cheaper.

Quote from @Jerry Zigounakis: This just in from proper insurance"Thank you for your interest in Proper Insurance® Due to strict brush/forest fire scrutiny, our program underwriters have declined your property coverage.