Maybe I saved $50 by going with their special but the lost time and frustration wasn't worth it.I think they have the big box store installation deals have their place for traditional homeowners but if you are trying to do multiple investments having your own on-call team even if you take a few lumps(and you will) finding that team is worth it in the long run so you can get someone over to a property that you trust at a moments notice if you have a major issue.

Thank you for all the welcomes....already feeling at home :) I am currently learning about wholesaling mostly because it requires an affordable start up cost.

There is probably a landlord association too that could benefit your current business.Also, instead of looking at 4-plexes right off the bat, you may want to look for a single family rental that may be more affordable for you to buy.

Thanks for letting us know, but unfortunately, there's little we can do -- it should stop happening (the errors).I'm sorry everyone -- it is as frustrating for me as it is for you if not MUCH more ;)

Quick and affordable.

Keeping a good tenant is key.Can the tenant realistically afford the new rent amount based on your guidelines (e.g. 3x rent for monthly income)?

How long can you afford for them to be vacant?

What might be insured is between the insurance carrier and the lender.Considerations are vast, the local economy, the project, management, financials, timing of the project to completion, basically all areas that a lender will consider.As to sub-prime, never heard of it, as coverage is generally afforded to strong borrowers, developers that are entering a project at a higher LTV initially and the LTV is reduced as a project comes to completion, the initial risk.Apartments or properties held long term can be insured but again usually to cover the LTV risk, that is risk enough and to add sub-prime credit, management, or low debt coverage issues really isn't an insurable risk.

People who can afford $1500 in rent without issue generally (not always) can afford their own home for less in my area.

The LLC will afford some liability protection but you should also look to a good insurance policy to carry the brunt of that protection.