when you buy a property you'll have closing costs, a down payment, rent-ready costs, costs to get set up with a PM, a commission to place a tenant... 

The system was set up to allow those claims to go through, and with the right legal help, insurance companies would often settle to avoid going to court.

You will just be trading one set of tenant challenges for another.

That makes total sense and it's good to know that at least the passive losses can off-set the rental income.Quote from @Andrew Strauss: Hi Felicia - For high-wage earners, the ability to use rental losses (including depreciation) to offset W2 income is limited.

As you look to build your business, consider setting up some keyword alerts for topics like: - 1031- Tax Deferred Gains- Boot- Exchange- Like-Kind- Etc. 

Quote from @Andrew Burrell: You can usually set up an LLC yourself or use an online company that is inexpensive.

As the years have progressed I have learned so much and now I am setting out to help others. 

They can make sure your set up correctly with entities and taxes, plus since they're an education-based firm, you'll learn all the things you want to know about.

I'd encourage you to also set up some keyword alerts for "Hartford" and related terms like house-hacking, duplexes, etc.

You have done a lot to set yourself up, now you need to show up and ask good questions.