Who covers the tax bill when they don't pay the tax bill or the insurance? 

They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.

He gave me the owner's number (Jeff) and I called him on the spot, hoping to be able to offer my services to help him find and sell more homes in the neighborhood.

He may be a decent gentleman but at the end of the day his offer to take another look at my file was to add like 5% to their already 80% LTC offer.

I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

The Homeowners Insurance will include Builder's Risk.

We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.

---Investors always compare/hire people of Craigslist that are uninsured, questionable skills, are unreliable and offer no warranties.

Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.