I'll send you a message, feel free to reach out any time, no pressure or obligation at all.

Liability insurance covers negligence.

What kind of insurance do you use? 

Please be careful that they might still be the dog and depending on the breed, your insurance may be in jeopardy.

They have the choice of finding their own insurance or they can be automatically enrolled in my master policy.

If you achieve 15%+ IRR that means you're doubling your principal in 5 years on any deferred tax obligations.   

I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.

Many people juggle lines of credit to meet current obligations.

Rentals boil down to how much do you net after paying principle, interest, taxes, insurance, and a maintenance reserve.  

The ability to find a good sales price under $200K with low taxes and affordable insurance is getting harder to find but in Oh & IN its still easy.Inventory is strong and the rents are above normal so even though your under $200K you can still earn a good profit.