I have a robust team of mortgage lenders, title companies and RE attorneys.

Some carriers won't allow insured to be a trust, so in that case do it in your company name with trust as additional insured.

Quote from @Unal Baris Kancoglu: I contacted as many companies as possible to get a quote to compare prices for new gas furnaces.

It would be far simpler to put the $500,000 in a bank account owned by the LLC and you immediately own a fixed percent.

@Andrew Watson I have a similar setup - One series LLC to One bank account.

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.

I don't like the returns but we use regular savings accounts. 

I have never approved a tenant without meeting them, if everything looks good on paper, income, accounts, backgrounds.

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

Total waste of time company.