The risk/reward is great, but the headaches from constantly changing tenants and having to babysit the property manager/fire the property manager is exhausting. 

I'll attach some photos of the property pre-rehab.I could go into way more detail on the financing/rehab/furnishing side of things but I am exhausted from 2 months of painting and furniture assembling.

Mayle said.For at least seven years, the city of Toledo has tried to enact a lead-safe ordinance that can successfully withstand legal challenges to no avail.In the latest version, owners of residential rentals with four or fewer dwellings built before 1978 are required to have their properties inspected for lead paint while also obtaining lead-safe certificates from the Toledo-Lucas County Health Department.In addition, the inspections must be completed by a local lead inspector who visually inspects properties’ interiors and exteriors and collects dust wipes to test for compliance with U.S.

If you can't use all the benefits in year one of doing the study, you can always roll the benefits forward until they are exhausted.

I have exhausted my cash funds to purchase homes and will start doing HELOC/cash out refi to continue buying.  

You only need one umbrella policy, as the name implies, it is umbrella coverage for when all of your other coverage is exhausted.

However, if you have some reserve and can withstand two or three years of no growth, IUL is probably better on the long term.When used in conjunction with other investments, IUL is a good fit as if one year I don't have much growth, I just don't have new income to invest.

You need Umbrella insurance as it kicks in once the regular insurance gets exhausted.  

Dealing with tenants all day every day can be exhausting.

Very time consuming and a lot of data points, which is why I charged $125/hr for those types of assets, I was going to need it to pay for the truck load of tylenol from the mental exhaustion. that ensued.2) I've never had a client second guess me and I always received smiley faces on my progress charts.3)Cons: probably cost, if they know what they are doing it won't be cheap.