For Limits: Each Occurrence $300,000 Damage to rented premises is blank Med Exp (any on person) $1000 Personal & Adv Injury is blank also General Aggregate $1,000,000 Products - Comp/Op Agg $1,000,000 I am named as the certificate Holder.

I have a couple investors in particular that have a ton of cash they want to throw at me :D

Most business owners make that mistake in the beginning, including me. :D

I also keep a 6 way screw driver and a pair of med sized channel locks in every vehicle i own, just in case.

With the F & F I think rehabbing then a quick sale or 1 - 5 yr Lease Opt(with this my loan is paid by the renter not me :D ).

Because they keep buying my properties, I usually call them first, because they have bigger pockets than my other buyers, or at least they are proving it to me. :D

Frankly, I'd also get pictures/videos of whatever's inside the medicine cabinet given the cost of prescription meds these days.The second to last thing you need is a lawsuit from the deadbeat stating that you took revenge on their stuff.

I have a single owner LLC ofr my rental properties but I file a schedule E for each property (and my accountant has me setup a property called "generaL' for expenses not related to one single property, such as inspections, office, etc.)The only other thing I've been advised is that, per suggested above, you have two separate companies if you buy hold vs. flip because the flipping might be considered ordinary income if you have to be considered a "dealer" and by using SCORP for this activity you can limit how much income is taxed for SS/MED by virtue of paying yourself only a portion of net income as wages.

So tenants are paying heat instead of me :D

That isnt to say there isnt a bank out there that will do it, but the big/med. ones dont.