Asset class, price range, neighborhood type, cash flow/appreciation, whether you want a rental portfolio or get into rehabs...It's easier to start from the goals and work backwards.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

I spoke to a local lawyer who mentioned keeping all documents together instead of seperated, as being sufficient enough to cover all legal issues.

However, these factors alone may not be sufficient legal grounds to terminate the lease unilaterally.

Down side the houses in this price range are older and possibly not in best neighborhoods, more repairs possibly harder to find good renters.2.

Also worth noting that I’m not sure what price range you’re looking in, but $10k-$20k to cover down payment, closing costs AND reserves might not get you very far.

It is accurate that Hilton MGT. only allows owners to use the unit for 21-days/yr, while the rest of the 344 days, it will be generating income for you.The Hilton Convention Center and Branson Landing Condos offer benefits like garage parking, close proximity to restaurants and attractions, and beautiful locations, some units with lake views.Monthly dues are $300+/ mo. and those dues include things like:Building InsuranceCommon Area MaintenanceSwimming Pool & Exercise RoomLawn Care / LandscapingSecurity ServiceTrash ServiceWhat makes these deals so difficult to pencil out is their management fee of 50%, which is significantly higher than the typical range of 15% to 40% in Branson.

Especially if you own five doors and if you have good credit.  10.75% - 11% seems more like what the range should be.3pts Origination - This seems on the high side.  2 points seems more right. 

Where it falls in that range will depend on age, size, and current condition of the place and the major capex items.Inherited tenants can be a blessing or a curse.

LLCs are for protection primarily so just creating one and putting it on your lease, isn't sufficient to truly protect your interests.