I'm having the master bath remodeled starting in January-cost about 9K.

Say, "no" to everything else until you've mastered #1 (and maybe even after you've mastered #1).

Umbrella Insurance policy.My attorney and CPA put their heads together and I have a Trust that owns a master LLC that owns my individual rental property LLC's.The individual LLC's don't have EIN numbers or bank accounts.

I went to Miami University for my master's study :D

The house was built in 1960 and doesn’t have a bathroom in the master bedroom so I’m hoping it can rent for $1,300.

@Patrick Soukup The renovations include some paint in the master bath/spare bedroooms, some reseating of planks on the wooden fence, and then if you consider them - a fridge/freezer and washer/dryer.Thankfully the only real reno cost here is the appliances.

The home has 2 bathrooms (one in Master Bedroom), and is 1900 sq ft.

I will be in Cleveland for my Masters next year with time on my hands.

@Suzanne Guzman The one concept I would play with is taking the bathroom and swapping it for where the kitchen is. giving you access to make a walk in closet as well as a master bathroom, if you really think they will need living room access to the bathroom you can have a door go from the master and from the living room.

A 16x16 master with private bathroom for $800/mo.