It’s become quite clear to me that an Umbrella policy works best for investors that are hands-on or manages their own properties as oppose to an LLC.

A HUGE advantage of leak testing with air as opposed to water is that air doesn't make a mess and doesn't damage anything (unless you blow through the pipes at 120 PSI).  

A land contract may well require foreclosure, as opposed to eviction.

go into effect as proposed, those tenants are going to be getting some MASSIVE heat bills and as I think someone did mention, we also have what sure sounded like a nice, do gooder type program here where they by law cannot shut off your gas and electric during the winter till Apr 15th for nonpayment of your bill.That sounded great and yes, it would make is all look and feel like a bunch of heartless bastards to shut off heat during the winter, problem is though that for whatever reason a fair amount of people then run their heat literally at 80, 82, 85 degrees all winter long AND have a few windows open or even my personal favorite I've seen a million times, its -8 degrees and some goof has their main front exterior door OPEN with just the flimsy glass storm door shut to block the cold.

I'd actually contact the Administrator/Executor as opposed to the beneficiaries. 

I own the house for cash, no liens, but I can't get a insurance policy while it is under an LLC, or if I did it would be twice as much under LLC as opposed to my personal name.

Hey Everyone, I just listened to the BP Podcast # 4 (www.biggerpockets.com/show4) with Frank Gallinelli talking about the idea of getting started with commercial property as opposed to residential.

My realtor has confirmed the comps, but he also stated the land area is 0 SF as opposed to the comps that have minimum lot sqft of 8,810. 

Also make sure not to focus so much on the median listing as opposed to the sale comps within the area you have chosen to contract in.

We usually bring our pressure washer, edger & weed killer (tenants always let weeds grow up around the heat pump for some reason), screen material and screen tools, plan on painting any exterior wood railings, doors, etc., that may need it, stain decks, fix loose fence pickets and gate hardware, anything that we know would cost a fortune in labor charges if goes through the PM but we can do ourselves at low cost.