Also, the effect of having a deal fallen thru impacts the threshold pretty significantly it appears.A few recent examples I have seen in different areas with # of price reductions and accepted net to HUD % (of the current list price):0 reductions: 95.4%, 99.1%, 89.6%, 93.1%, 85.3%, 75.6%, 89.4%, 91.3%, 91.3%, 91.0%, 91.0%, 83.2%, 93.4%, 1 reduction: 87.04%, 87.02%, 74.6%, 72.7%, 70.3%1 reduction (1+ deal fallen thru): 65.3%, 72.04%, 72.35%, 50.1%, 70.8%2 reductions: 61.7%, 59.1%, 80.1%, 71.2%3 reductions: 75.0%, 69.7%, 67.3%, 60.0%, 58.0%, 60.1%

I am up in the South Hill area and not in the valley so it may be impacted less in that aspect. :)Speaking of Mt Rainier, I just summited this last July and highly recommend!

And you can see that a poorly designed policy with less than 85% cash value would negatively impact the results.This is what 85% of your money growing at 9% vs 100% of your money growing at 6% looks like... 

It takes alot of impact from hurricanes.

This has a very large positive impact on your wealth potential.

Hey Matthew,I am also worried about the impact that a declining oilfield could present. 

The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties. 

But that is not really the biggest impact.

If your investment fails, it may impact your primary residence because of the money you borrowed against it.My preference is that you increase earnings, reduce expenses, save up, and make each investment stand on its own.

You may want to consult with an insurance agent to understand the impact on liability coverage.