If that's the case, then you definitely have a strong argument for getting a reimbursement.Thank you for your input!

@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

Nonrenewal rates were nearly 80 percent higher in Zip codes that faced the highest risk from insurance perils such as strong winds and wildfires compared with the lowest risk areas.

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

I have a friend who is a banker locally, he's seen business bank numbers for 40 years...he know what makes a strong business client and when it is a weak business with some good years.

Even a LOI is not strong enough to start spending time, effort and MONEY on due diligence.  

For your out-of-state BRRRR plan, building a strong local team in St.

There are more factors than just the community (#beds, level of theming, location to the amenities, style of home (single family, townhome, condo) and others) But I would strongly advise to stay within some of the same communities you mentioned like Storey Lake, Windsor Hills, Championsgate and a few others if cash flow is your goal.

This helps keep strong applicants in the pipeline while still giving you a chance to meet them before making a final decision.

have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!