@Chris DragottaYou have come to the right place to connect with the wide array of real estate professionals and investors.

Generally and insurance policy will cover a very wide range of liability, where your main exposure is negligence I.e. deferred maintenance.

@Caroline BarnettYou have come to the right place to connect with the wide array of real estate professionals and investors.

If this works even remotely well as I imagine, this could turn into a massive nation-wide production, easily scaled up with the right team.Obviously, I'm very early in the process but my vision is clear, and my determination is undeniable.

From your own words, it seems that you have been searching far and wide and this is the first property that you have found that fits your expectations and formula.  

@Vina RealYou have come to the right place to connect with the wide array of real estate professionals and investors.

@William ChrismanYou have come to the right place to connect with the wide array of real estate professionals and investors.

But if the flooring itself is in disrepair (bad planks, wide gaps between planks, deep water or pet urine stains, holes, etc), usually it's best to just start with fresh flooring.  500sft isn't a huge area to replace.

.) - $500/yrMLS Dues - $480/yrBroker dues (these vary widely) - $800-$3,000/yrE&O Insurance - $120/yrI'm not including Marketing costs because you will have these whether you chose to be an agent or not.  

To do this you must find the correct Market and Micro markets to invest in where the Property Profiles in these Markets match the Criteria from your Plan.Once your "base" is at least twice as wide ($1M)  as you started with ($500k), continue to flip the new base ($1M), reinvesting just the seed money (over and over again), but spending your continuous stream of profits to buy Cash Flow Properties.