Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

But as was mentioned above, you need expertise and experience.For the first 2-3 years of activity investing in real estate, I had to use my own money sources for down payments.

The Tenant agrees to maintain an active renters insurance policy for the duration of the lease term and any renewal periods.

My biggest advice when designing a vacation rental is to truly know the daily activities, habits, and needs of your target guests.

I don't think any insurance carriers will give you a new policy these days if there is active K&T. 

I am actively looking to remodel or build a 8 to 10 RAL in the Houston area.

Ask your trusted tradespeople (electricians, plumbers, etc.) if they know someone reliable.Local Facebook Groups & Nextdoor – Many handymen rely on word-of-mouth, and these platforms can be great for finding recommendations from landlords and homeowners in your area.Real Estate Investor Groups – Chicago has an active real estate community.

For the past two years, my primary income has been my Social Security, and my home is fully paid off.

I will be keeping in touch as I become more active here.

There is a storage deal that is actively being raised for over there that you can practice analysis on.