Anyone know of a home owner's insurance company covering Lansing Michigan area for a 4 unit with additional accessory unit for a rental built in 1917 ?

Still others allow for additional foundation options.Generally, though, mobile homes do not sit on a traditional foundation, unlike stick-built homes.

Make sure the GC and subcontractors list the property owner whether it’s you as an individual or an entity as additional insured.

For myself, I own an e-commerce business so I am self-employed.

Plus any additional capital you put in.So if you bought a house for 100k, sold it for 200k, took that 200k and invested it into a new property with a 1031 exchange.

W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR) is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Very unlikely that you will qualify for REPS with only an STR and a local property manager.

Current plan is to take out an equity loan on the property (tax rolls have it at ~$300k) and use some additional cash to build 4 units, then refi, then build additional units until we have ~20 doors on the property. 

Why would you continue to make additional investments after you were promised distributions and received zero on a couple deals?

In addition to joining the seller to the buyer at the hip for several years/decades when the seller wants a clean break, the properly-discounted, risk-weighted, money to be received by the seller is less than the immediate sale price.

I asked  how many staff members they now have and was surprised to hear its still the same 3 partners with no additional employees or support.