I've developed some great relationships and also a business partner from these meetings.

He was recommended to me by a big-time investor in Kansas City that I had built a relationship with, and other local investors also vouched for him.Although the 8-unit deal didn’t end up closing, I felt confident about using that lawyer if it had gone through.

Flexibility – Investors at the beginning may often like the flexibility of mixing and matching coverage as their needs change or their risk profiles evolve.While this approach works for many Investors initially, as they scale and risks become more complex, managing multiple policies and relationships can be burdensome.

This takes a relationship with the lender, though.

I've developed some great relationships and also a business partner from these meetings.

The diagram below illustrates this cause-and-effect relationship (click to enlarge).Also, the goal of real estate investing is not to own property.

Lots of RE are watching this market and seeing what not to do.2)  Median income is an excellent metric to use.

I'm starting out and have one investor in particular that has paid cash and had excellent outcomes thus far.

Michael makes some excellent points here.

This is typically done through a change in accounting method using IRS Form 3115.This post does not create a CPA-Client relationship.