@Michael Beirne Lower priced markets such as Baltimore are very difficult to operate in utilizing entirely 3rd party support.

In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.

Hey Dan, renting to a sober living operator can be a great idea.

I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent. 

They are pure GARBGE. 3 months after they issued my premium I still get calls from their clowns to sign something and that insurance is not bound....I dont believe they are operating a insurance company, likely a scam artist to be honest  Sounds like this is an issue with their call center/in-house agency? 

On a commercial asset the value is directly based on the NOI (net operating income).

Your LLC needs more than 4 pages operating agreement.They are recommended by many but not with me.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It’s incredible that his experience would be so similar to mine.

Over time, rents may increase, improving your cash flow, and you’ll gain equity and valuable experience managing tenants and property operations.