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

In addition to offering "cash for keys" assure them that they can use you as a referral on their next tenant application, or offer them a short term-2 month lease.

Then it really grows with each additional one. 

Do not be afraid to Collateralize yourself with additional deposits to fill a vacancy. 

Additionally, based on your numbers, it should definitely cash flow. 

I agree and additionally I'd recommend going down to the store and actually feeling them.

Not only do they not repay funds, they claim we owe them additional funding for renovations that never actually happen. 

Additionally, I'm working with the RE Ally Property management team, who was able to find a tenant to rent at slightly above market rates without any vacancy.

- Highly recommend REQUIRING tenants to get Renters Insurance and adding you, as the landlord, as additionally insured.

With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.