They primarily function as a way to compartmentalize your liability, but when structured correctly can remove your name from public records to provide anonymity and would include an operating company to separate the higher risk activities (repairs, rent collection, property management, etc.) from your assets.

Make it clean, safe, and functional.

I would definitely look into finding a good insurance policy to start with, then talking with an attorney about options to protect your assets.An option that fits well with having multiple properties is the Series LLC, which is a structure that functions under a single EIN and allows for streamlined operation, but can still separate each property as a separate entity in regards to liability.

The tenant can get their own microwave or you can buy one that sits on the counter.Think about the purpose of a properly functioning range hood.

With 14-16 hour days, 6 days a week I’ve found it difficult to get a good head of steam on analyzing and networking along with doing the bare minimum of sleeping to keep me functional.

I am not sure when I should renovate, and also if I should renovate.The kitchen is functional and all appliances work however they are a bit outdated and aren’t very appealing.

Like you mentioned it makes accounting very easy and the functionality is very user friendly. 

Make a rotation to pump the septics so you’re being proactive instead of reactive and it’ll help spread out the costs.

Whether your premiums increase as a result of this claim is an underwriting function. 

We changed the roofline to add a vaulted ceiling and reframed the interior to add a lot of functionality including a 2nd bathroom, a laundry nook, an HVAC closet, and a hallway.