These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

Andrew, we've been using a tool that we created to analyze all of the on market properties in our area at once, so you can filter the best ones. 

Pick a software that has a workflow that feels good to you, and above all has amazing customer support.

I'm looking forward to learn and connect with all of you already in the game. - JeffWelcome to BiggerPockets!

I'm open to any and all advice you have!

Everything looks great in both towns but then the insurance and all the climate risks make me wonder if I should back out. 

Thanks for all of those that provided constructive feedback.

Quote from @Laura Higgs: Hi all!

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If they were so successful in the industry, why would they give all that up to mentor?