Fortunately it was a location with a PSF of ~$1.5k, so I added more than $100k of valuation (suspect I may not have quite achieved my $2 added for every $1 spent).But the bigger issue I see, if I add $200k of equity at hopefully a cost of no more than $100k it seems like maybe a good brrrr but what if it has expenses on a sustained hold that results in negative $1k/month?  

Most contractors here in California will charge their hourly rate and possibly ad on a smaller charge if they need an assistant.  

New windows, kitchen, basement bath and adding a storage room/pantry in the basement. 

This added inventory gave renters more options, leading to increased competition for landlords.Why This Matters (and Why There's Hope)For landlords accustomed to a manageable 6-day increase in DOM during the holidays, the 10+ day spike might feel concerning.

We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?

This year will be the most I have paid for my taxes to be prepared, and the only year where I will be filing with an extension (and added stress).To be fair and objective with my feedback, the upfront consultation process went well.

They will quickly send you an amended version of the contract with this 2% added on, and ask you to sign it and send it back. 

As properties have begun to be paid off for me, that few hundred a month becomes a rounding error as real wealth and options become available to you. 

Recently they added a feature where you can text or chat.- You can create custom fields, which is great.

This would include adding another bedroom and making it a full 2 bath.