I usually provide our budget as well with totals spent. 

Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

Medical Payments: Provides coverage for an injury suffered on the premises.

Definitely reach out to your insurance provider.

I was told that some commercial insurance companies are able to provide umbrella policies without auto policy and primary residence.

Free dinner provided. 6pm to 9pm.

My latest blog - linked here  "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS"  provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.

Everything was progressing smoothly until I met the appraiser to provide access to the property.Right away, I sensed something was off.

Overall, Section 8 is a good way to get some pretty reliable income to get the property cash-flowing, provide additional experience, as well as with the required annual inspections, make sure your property stays in a good condition!