On another note, does anyone know of an online insurer that will write specified actual value policies that would allow me to choose the actual value that is adequate for my program?

Alternatively, you could waive the commission in exchange for a small equity share in the deal, aligning yourself with investor success.Once due diligence is complete, network through real estate groups, your spouse’s contacts, or online platforms like BiggerPockets to find investors.

Although I'm not 100% sure it provides additional legal separation, having the LLC manage my properties gives me some peace of mind when it comes to keeping personal and business assets separate.

Whether you're curious about the best cities to invest in, how to get started, or ways to maximize your returns, I’d love to hear what’s on your mind!

Surround yourself with people who can help you grow, both locally and through the online investing community.If you need help with financing strategies or analyzing deals, feel free to reach out. 

Do you mind sharing the cost of the home?

You’d need to file the Articles of Organization with the Colorado Secretary of State (the cost is around $50), get an EIN from the IRS (which is free and can be done online), and possibly draft an operating agreement, which isn’t required in Colorado but is still a good idea.

thank you so much, Matt I can assist I can offer a single member operating agreement template, you’ll be able to fill and change to your specifications I have this arrangement with most transaction agreements  Do you mind sharing it with me please?

Network: Local meetups or online groups (like BiggerPockets)Check out financing options: traditional, creative, or raise capital.Look at properties in your area to understand the market.Let's connect!

They are super helpful, provide so many forms online necessary for the start up.