I have doubts because the rent is too low in relation to purchase price and other expenses?

But, I talk to folks often looking to invest in Texas thinking it is a low tax state and are shocked by the property taxes.

Does anyone have experience in this process that they can shed some light on how to go about this.

Still light years ahead of what I had before though.FYI for others who might be having trouble finding insurance.

So I would need to come up with a creative way to structure this so that the equity payouts are as low as possible.Thanks in advance for any advice we can get!

To succeed, they must keep their operating costs low.

Even though these expenses are rather low, it's important to compare them to the advantages the LLC offers.Umbrella Insurance: An alternative to forming an LLC for asset protection is obtaining a robust umbrella insurance policy.

And super low inventory means no discounts, even for properties in rough shape.

Should be closer to low 7s

Then go to the Lowe's outlet in Avon and get a cheap set for less than $500 total.