My husband has done MF maintenance, and I have contacts in maintenance for anything we can't handle. 

I'll handle all expenses and management, probably pay off the house in a couple years. 

After deciding that the flooring could handle a bit more abuse, that number became 4k.

Then the property title would be transferred into the LLC, thus giving you checkbook control over this and any other assets you will purchase in it.Here are some of the Checkbook IRA benefits:Ability to execute transaction directly without going through custodian or IRA Administrator, simply by writing a checkEliminate transaction fees and asset based fees (you will need to pick the right custodian with proper fee structure, the company you will chose to do this for you will help you make that selection)Eliminate delays and 'red tape' that often comes with having a custodian handle every single transaction, you can act on best investment opportunities immediatelyHope this helps. 

How will you handle cash calls?

Hi bigger pockets fiends,There are two sides to the "cash for keys" situation. 1) I am a landlord and I'm interested in the best way of handling and covering myself when proposing "cash for keys" to the tenants.

If you plan on holding your properties for the long-term and you have adequate cash reserves to handle any unexpected vacancies that may arise, then you'll make it through a short-term economic downturn just fine.

Looking for an escrow company to handle the paperwork for adding my name as a second lien on the property. 

Doing this will provide each room with their own comfort options, but each room will need their own remote to control the air handle temp.

Do you have enough money to fly out to Little Rock to handle issues with your rehab, if something goes wrong with your team?