After exhaustive due diligence it feels as if I have found a gold mine.

otherwise I would exhaust your good financing opportunities as sole proprietor and then open the LLC for additional deals. 

Also, I've heard of cases where umbrella only kicks in when all of your other insurances have been exhausted and there are some other "got ya" clauses so if you are going with umbrella, make sure you know exactly how it works, when it kicks in and what it actually covers.

I also wanted to tell you guys a little about the deal as my wife in tired of listening to me talk about this rental at this point.2 Bed, 1Value: $70,000Purchase: $52,000 (or 65,000 Financed)Down Payment: $0 (Financed)Closing Costs: $3,969PITI: $348Rent: $850Vacancy: 10% (Property Managers say it is only 6% for the area but we want to be conservative)Maintenance and Capex: 8%CoC: 105%Cap Rate: 10.58%The maintenance and Capex sound low % wise but I worked with the appraiser, contractor, and some other resources to create an exhaustive list of all of the Capex's and it came out to about 4.5%.

While this is by no means an exhaustive list, the following questions will help you get started on your new journey.Do I Need a Partner?

I didn't even stay to hear Trump because I was so exhausted from all the other seminars and didn't feel I'd get much out of his speech.

It has exhausted it's investment potential through appreciation and as a rental is now a liability.I would be listing to sell immediately to not only access the equity but to avoid any further negative cash flow. 

I was way in over my head and exhausted by the end of it.

I’m  at a point where my savings is almost exhausted and I’m no longer feeling hopeful.

We sold it almost 2 years ago just as the market was turning in our favor, but by then had exhausted savings and had some unexpected medical bills from our daughter that forced our hand to sell it and take the small amount of equity we had.