Do you think you have ANY chance of getting ANY of that money back EVER?

The reality is that most people do not learn anything from this training nor will ever bring it to practical implementation.

On the TREC form - section 11 ‘Have you (Seller) ever filed a claim for damage, other than flood damage, to the Property with any insurance provider?’

If you did sanitize it and there is a legitimate claim then why would you ever return their money?

I'd buy as many LTRs or STRs as I could in growing, landlord friendly areas, putting 20% down on properties that I liked that would be cash flow neutral or better on year one.

Hi Amber,I would suggest you determine what your goals are (how quickly you want to grow, are you looking for cashflow, etc) and other returns you are looking for.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

. - I have only ever purchased a turnkey property.

It's an incredible sport and probably the best thing that's ever happened to me, other than my wife!

I want to make sure my property is getting managed well and everything is taken care of such that I minimize vacancy and other tenant issues that would add additional cost and headache, but I haven't ever heard about PM fees being this high.