Our cost basis has been accumulating with our purchase price and then the 2 years of major repairs during 2022-2023 as well as taxes, utilities and insurance from '22-'23.  

The home will need some work, but I am excited about it.I would appreciate any recommendations for a reasonably priced insurance company for the unit while I am rehabbing it.

Hi Benjamin,Start by reaching out to relocation companies, insurance housing providers, and major employers in the area who may need temporary housing for executives or displaced employees.

Should I cancel the LLC entirely and just rely on umbrella insurance?

We've never even had a tenant try to sue us over a security deposit dispute.For the last 10+ years, I have occasionally asked for just one example of an investor that was sued, lost, and the judgment exceeded their insurance coverage.

Also, cash flow from the rental needs to cover your mortgage, insurance, and taxes.

15.99% for an unsecured loan in this environment is more than fair.

has anyone had positive/negative results in dealing with a company called 212 Loans?

As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.