It was already rewired and had a special footprint/ layout and great location.

Not sure where you’re located but I’m in South Elgin, IL and would be down to connect! 

Before asserting the tenant's liability, I would encourage you to seek legal advice in the state where the property is located and move forward from there.

After 6 months my goal is to start looking and purchase my first LTR or MTR property (3-4 multiunit or duplex) I am located in South Elgin, IL about an hour west of Chicago.

It was located out side of NYC with good rental potential.

I understand your point but but strong language like that, combined with the overexaggerate of the news and their storms of the century that actually never happened put out a little bit of a unnecessary fear out there , I get it tho , there’s some truth and practicality to it , I must admit the high insurance costs and hurricanes have caused me to rethink the investment location, but I’m not gonna tuck tail and run in fear quite yet because who really knows if this is the new normal, and even if it is people live and invest in Florida coasts  because it’s Paradise for most of the year and they love it and accept the risk . 

The property is Huntington WV and is exactly 25 mins from where I'm standing, so I'm only calling it out of state because it technically is, but it's a location I'm fairly familiar and travel to often.

Located here in Austin as well.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

@Alyssa LakeIt depends upon many variables, such as age, condition, location, the amount of capital you need for repairs and unit turns.