USAA still carries my auto coverage at a somewhat higher rate and with a $500K limit...they ought to, since I haven't cost them a penny in liability in 30 years...As for the LLC's, I believe in the belt and suspenders approach...LL entity AND insurance...

A little belt-tightening and luck won't hurt, either.Charleston is supposed to do pretty well in a recession, I hear.

Purchase price 147KListed for 299K, sold for 285 (went under contract for 290 but dropped it another 5K at buyer request after the appraisal just to get out of the deal)Home Depot credit card: 10K (appliances, fixtures and other things we picked out and purchased ourselves rather than having GC use typical builder grade stuff, also husband did some of the work himself so bought his own materials)Brought 40K of our own cash to the closing table, loan total when paid back was 185 (original loan 175 plus 10K in accrued interest, 12 month balloon loan so we did not have to make payments during the rehab, which helped a lot with cash flow, also loan had rehab costs folded in so for the most part we paid our guys out of the loan and not our own pockets)So (numbers are round): 285 sale price - 185 (loan payback) - 40 (cash we brought to closing) - 10 (Home Depot card) - 10 (closing costs) = 40K profitWork done: insulation and vinyl siding (this ate 18K of rehab budget but was unavoidable as cedar shakes were disintegrating), converted to natural gas heat (ducts already in place, changed out electric hot air blower to gas one and gas company ran the gas from the street for free), replaced AC compressor, new water heater, two new bathrooms, replacement windows, new appliances but left the wood cabinets b/c they were in perfect condition and I could not justify painting/replacing them, new kitchen backsplash, removed wall between kitchen and dining room, wood laminate flooring throughout except for new carpet in downstairs den, painted the deck/railings, new garage doors, one new slider, all solid wood interior panel doors, of course fresh paint and new light fixtures throughout.dining roomThere was moisture damage downstairs from bank not winterizing and pipes bursting...thanks, bank.Hauled out enormous old woodstove and broke up ugly old hearth and left good flue for someone to add new pellet or woodstove to if they want to, we figured not everyone wants a woodstove and this way the buyer can decide to add one back if desiredBathroom off downstairs den, chose a walk in shower for variety, hosing off dog or muddy children, disabled access, etc. 

Maine has a lot in common with the rust belt.

I understand you already have a few properties under your belt, so please pardon me if I’m stating the obvious:How long is your 0% interest rate offer valid for?

If there is a claim it needs to go back to the manufacturer for replacement, not the above supplier.We do our own & so far out of 8 we have not had a single problem with the brand we prefer but we have had 2 failures on two other brand installs we had done over the last several years.In both cases it was the blower/inducer motors that seized plus the need for a new capacitor.

I guess if you aspire to be Trump out of the gate yes you need a "team" but if your a small fry you need your tool belt and craiglist to list your rentals.

I'm very excited to have this credential and potential source of income under my belt.

This is not for an advanced investor but for somebody starting out with a couple flips under there belt..

I have 5 rentals that I have owned for several years now, all 'cash cows' throwing off money, with few maintenance problems.Since Christmas, I have had to replace the water heaters in 3 houses, had the blower motor and control unit in an HVAC unit go out, and have a pipe under the foundation of the fifth house start leaking requiring two holes in the foundation!