Got insurance involved and use that money to remodel the entire inside, and add a new roof.

To make a new property cash flow with current prices, interest rates, taxes, and insurance, you're putting at least 40-50% down.

Yes, you can deduct related expenses including gas, loan interest, insurance, etc. using the actual vehicle expenses method to deduct auto expenses for your rental or other businesses. 

A complete overhaul of the kitchen and bathrooms, including cabinets, countertops, LVP flooring, electrical and plumbing fixtures.

Real estate serves as the foundation, generating the income needed to reinvest in initiatives that preserve cultural heritage, create jobs, and support community growth.Diversified Value CreationReal Estate Portfolio: Profits from rental income, property flips, and value-add projects fuel the system.Trade Development: Integrating businesses like plumbing companies creates a pipeline for stable, high-paying careers while addressing labor shortages.Cultural Growth: Revenue is reinvested into programs that promote education, workforce development, and cultural preservation.

How much is insurance of these properties?

It’s also worth verifying if Beaumont and Port Arthur have any specific contractor registration or insurance requirements, as local compliance can sometimes impact project timelines. 

@Jessica Seppo,Many people take the cost of an LLC and funnel it towards more insurance and an umbrella policy.

Prices are through the roof, Insurance cost have skyrocketed, maintenance cost are up a lot, taxes.

No differently from any other plumbing call that we assign to the tenant.