The mortgage was also raised due to insurance issues to about $1,950… so I am not making much cash flow, more like a cash trickle.

When vetting contractors, check if they’re licensed and insured, ask for at least 3 references and call them, and get detailed written estimates and timelines.

Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan. 

Stessa/Thread Bank APY is currently 5.09% so I actually make money every month even though I'm on the pro plan.

And all the tenants' security deposits and all the buyers'Earnest Money Deposits don't need my asset protection, as they are not my funds, and are certainly not covered by any of our Umbrella Insurance Policies. 

I'm looking at Class B properties in up-and-coming neighborhoods and plan to self-manage once I relocate.  

To make a new property cash flow with current prices, interest rates, taxes, and insurance, you're putting at least 40-50% down.

The public adjuster will argue with the insurance adjuster and get you the best payout.

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

If it's in a high tax /flood area taxes and insurance could easily be 5-6k or half that then with title insurance points and closing it could make senseWhat is the breakdown ?