However, I love helping new investors that have problems that need to be solved...not theoretical problems that haven’t occurred yet.

Many of them have networking events that you can go to.

Should I get liability insurance in order to protect myself if any incident would occur.

It is my understanding that that arrangement limits your flexibility in moving real property assets around and can create a taxable event if you later decide to move the property into a different entity.

https://www.trigofva.com/Event...

Southwest Philly is about to see a huge change occur immediately in the next 2-3 years and significantly in the next 5+ years with two major development plans in place and already starting to take form.

If the closing occurs before the tax bill comes out, pro ration is based on the prior years taxes which may be less then the amount due when the bill comes out. 

Being an AI means that their liability policy would respond first in the event anything awful happened. 

The meetups is called Pints and Properties and it’s here on BP under the events tab.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.