Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

Reason being is that these are older properties and rough tenants. 

I've been using Rat X and am convinced it doesn't actually kill them, currently just have snap traps in place.

One question that you may not want to post here for legal reasons, is how much are you paying your PMC?

For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.

Crickets...At this rate, it will be 2+ years before the project is finished.Anytime you ask for a project plan or schedule you will get vague responses with no actual plan.

I’m also based in California and invest in Detroit, where prices are far more reasonable, and there are still strong cash flow opportunities.Detroit has a solid rent-to-price ratio, improving economic fundamentals, and plenty of value-add potential if you have the right team in place.

There's usually a good reason why a company is cheaper or more expensive.

Having a commercial policy usually only covers property and liability, hence the reason for having the umbrella as well.

I have actually cashed out a lot of my IRA now bc I have so much depreciation from RE that my tax bracket is very low and the taxes to pay on the IRA withdrawal are also pretty much non existent (taking aside the penalty).