There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In my market, multi's often sell for less than single family homes.  

It’s great that you’ve already started practicing with NOI and cap rates for evaluating properties, but you're right that smaller properties, like quadplexes or less, are often valued differently.For residential properties with four units or fewer, the market tends to focus more on comparable sales in the area rather than purely relying on income calculations like cap rate.

Kansas City is a great market for real estate investing! 

Let’s discuss how it’s shaping the market!

Additionally, since we are out of state (Washington) and unable to do walkthroughs of prospective properties, Chris has been great about taking videos for us, which has been very helpful. 

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

We took this disaster personally as we love Asheville and have visited many times.When there's an official presidential disaster declaration (there was), flood insurance policy holders should apply for FEMA assistance in addition to their flood insurance claim.

My husband and I were young and dumb - tried renting one out when we moved, market dipped and sold in a panic, not looking at other options and not being patient.  

It depends on many things, including your market.