That will help a lot.

What is the best course of action? 

Just digging in to this forum and learning a lot. 

.: Since you're in Wyoming isn't setting up a Wyoming Trust a lot easier than for us out of state people? 

Best of luck with things.

A lot of investors are jumping to secondary lines of insurance coverage and the problem with those is that the companies are based in the Cayman Islands or the Bahamas a lot of the time, and it is suspect that they would actually pay out if the need arose unfortunately.   

@Logan RheaReasonable budget for a cosmetic only renovation of that size.

To find out the amount of the subordinate lien through the NSP program, you’ll want to pull the title report for the property.

While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.  

Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.