Let me know if you'd like to be added to a few of those groups and I can send you an invite!

There is a 15% VT lodging/sales tax, but I am calculating that this fee will be added to my room-rate after the fact, so it's neither income or an expense; it's a wash4.

I will send you some of the programs our client currently use.Umbrella coverage is usually a separate policy.Earth Quake and Flood can be added if the properties are in lower risk areas. 

Well be adding value trough adding 1 bedroom to each unit and increasing all rents to market rent.

I suggest it be one story or you will be adding an elevator and the cost will be high.

A second income would be adding some covered storage units for boat and RV.

You will likely be adding more properties as you go along that may not be appropriate to put into one llc. 

@Ryan R.conventional lenders normally don't when title is owned by an LLC.The issue with transferring the property after the purchase is that there will be added costs to transfer the property.Best of luck.

- If he currently has a loan, could I be added to that mortgage and take over a commensurate portion of it… or would it have to be a new loan altogether with both of us on it?

We will be adding value to this deal by making improvements to the units as tenants move out and increasing rents to drive value of the property.