Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.

A lot of people watch the TV shows and think it is easy money ... most of us learned the hard and expensive way.Good luck in your journey ... wish you were closer to help!

I do get hesitation of investors to be frugal on pre-closing expenses, but it's almost always illogical. 

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

According to him, some of the DST operators/brokers work together to sell off DST assets much sooner than planned.

And a deal in my opinion is one that will 1. pay for itself(All property expenses) and 2. pay the debt service(if necessary) and 3. put money into my pocket each month.  

Start ups are hard, expensive, and take a long time to get going.Have you looked on Bizbuysell, Crexi, or Loopnet, to see if there is one that is already going for sale?

Purchase price: $532,500 Cash invested: $106,500 I just bought a duplex on 3rd Ave on the Columbus side of Grandview and am planning on living in one side and renting out the other.  

Previously I'd always used Stessa, which has a great Net Cash Flow statement view, breaking down the usual income/expenses, but also includes a section for Interest/Principal, and another section for CapEx. 

The whole house needs to be remodeled due to lots of wear and tear and being outdatedI am planning to use a HELOC on my current property for mostly all the repairs.