Everything was repaired/replaced out of pocket, without insurance getting involved (this is CA).

With the IUL, it'll at least get your family some life insurance.

My first deal was postponed one week due to seller and this week was cancelled due to title company findings.

Keep in mind as a licensee, if 25% of your transactions are your own, it may be extremely difficult to get E&O insurance.

How would the title be stated to keep the trust dollar downpayment investment protected from any future divorce settlement ?  

Wasn't sure how to word the title, but here are the details.I have a contract with a landowner to use his existing dock on a public waterway.

He has a team of people who research everything and they guarntee in writing that title is clear and there are no leins etc.I however wanted to ask all of you here what needs to be researched before buying a property at auction because I take what people tell me with a grain of salt, so I wanted to get input from more people.I understand buying property at auction has a greater risk because you can not inspect it and it is truely as-is, but people are doing it so I am trying to learn the steps needed to take before going to auction.

For further details on this parameter, please consult our user guide.We have allocated a budget of $15,000 for renovations / refurbishments.The purchase price of a 2-bedroom / 2-bathroom unit in this area is $498,000, with 5% of this price allocated for closing costs.A turnover cost of $175 per booking has been factored in, with no rental management fee assumed, indicating that you will manage bookings and cleaning services independently.The mortgage rate is set at a fixed 7% per year, with an 80% loan-to-value ratio (LTV) and a 20-year term.For the remaining parameters in our financial model, please refer to the image above.Taking these values into account, below are the results of the financial case study.Some insights:The results show the anticipated performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Okaloosa Island, Florida.Expected gross revenue amounts to $78,240, derived from 47 bookings with an average stay of 5 days at an average daily rate of $325 (inclusive of cleaning fees).Total yearly expenses add up to $68,014, encompassing various costs from private mortgage insurance (PMI) to property taxes and annual loan repayments.The cash required for this deal totals $139,550, incorporating the 20% down payment for the mortgage, 5% closing costs, and the $15,000 renovations budget.Pre-tax net revenue stands at $10,226, representing a 7.33% cash-on-cash (CoC) return.The annual return on investment (ROI) is 1.9%, excluding value appreciation.

On my current duplex I’m house hacking I was actually getting $100 more than PITI until insurance renewal and a tax increase.

Would you rather invest in duplex in CA that breaks even or invest in RE syndication for 2 years that offers you expected 18% annually Example: Duplex in CA costs around $600k, down payment $120k, rent = mortgage payment+real estate tax + insurance (if interest drops by 1%, then expected cash flow could be $200-$300 per month) RE syndication is offering 18%, in 2 years, I can expect to make $43,200 without lifting a finger..The numbers are favoring more towards RE syndication, in the past I have only done rentals never invested in RE syndication.