I already have a signed and notarized quitclaim deed, but now I am having 2nd thoughts if it's worth the hassle and potential increase in insurance costs to transfer the property into the LLC.

But I can't see why Cleveland would increase in value based on negative population growth and, generally, being a bad place to live.   

The answer is clear: allowing full renovations without mandating sprinklers results in a far safer building than one that undergoes only superficial updates.Furthermore, requiring sprinklers in more buildings will likely increase costs even further.

Quote from @Paul Azad: SUPPLY "About 2.6 million Baby Boomers die each year, but that number is expected to increase to nearly 4 million by 2037."

Meanwhile, my current carrier increased their estimated rebuild cost from ~$1.6M to ~$2.6M to justify their premium hike.Most other quotes I received estimated replacement costs between $1.3M and $1.7M, but finding a carrier willing to underwrite this policy has been challenging.

That way you don't increase your payment unless you pull money out.

Of course, when the cap rate eventually increase, that would be a different story.For those of you who invested in previous funds, do you know what was the going in cap rate for the MHP in your fund?

This way, you're adding to your income and when you buy the personal residence, you're more stable than before (if considering an equivalent purchase price as before and not increasing your affordability due to the extra income).You are exactly right in pursuing other markets for your investment property.

Instead of buying the same type of property each year, the idea is to gradually increase the size or number of units in each deal.

.❌ You think using emojis means I copied this from somewhere—I’m just a millennial who likes to keep things engaging.BUUUT if you’re an investor who wants to attract high-paying guests, increase your nightly rate, and create a rental that markets itself, keep reading.A question I get A LOT is: “How can I market my vacation rental?”