Tenant did not maintain bath vanity and it sustained irreparable water damage.Unfortunately the vender does not sell the drawer face individually, but only sells the entire vanity.

But if the contractor isn't contributing financially and only doing the renovation work I'd think 50/50 would be fair.

I learned a lot of about seeking out potential properties and financial analysis.

For a while now I've had a burning passion to strive for financial freedom, experience is the only thing hindering my performance right now.

As a busy mother and devoted wife, you seem to have a lot on your plate in addition to your work as a nurse practitioner and small company owner.If you want to buy your first short-term rental (STR) property, you should set realistic financial goals, specify your investment criteria, and do extensive market research.

I've heard that it's better to have a commercial property insurance policy for the LLC that covers all of the rental homes in it since A) it may be more cost effective than having individual normal home insurance policies on all of the homes and B) it will name the LLC as the primary insured party which technically will be the primary insured since the homes will be in the LLC's name. 

If not, you have the financial information needed to make the best decision.

I’m a new real estate investor interested in single family flips (to start) and I’m searching for not just a partner, but the right partner, and by that I mean someone with integrity and honesty who is in a financial position to help me quickly make deals happen.

Also, I don't see why you would take the risk of buying it in your own name and moving it into an LLC later...If it's a matter of the bank only taking your personal financial situation into account if you do it in your own name, I'd personally rather use hard/private money to acquire it, then refi with a bank once the property financials stand on its own.

When selling your primary residence, you're eligible for a significant tax advantage: individuals can exclude up to $250,000 of capital gains from their income, and married couples filing jointly can exclude up to $500,000.