The BP calculators are good with that so use them! 

If you didn't over-pay for the house and he didn't charge you closing fees I'd just adhere to w.e he says....Your best bet is to post on Avvo and see what the lawyers say (its free).

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I bet the big ones go every month.

We've used the rental calculators to figure out all the numbers, returns etc but I'm wondering about 2 things:1) We have a business credit card that we just opened that has a 9 month interest free period.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello!

My math usually calculates me paying rent to myself (which I plan to do to save for those surprise expenses) so I think my percentages would be a bit different.

Also, professionals do not always agree on the best way to calculate the ultimate return on real estate.

I'm only nearly 5 mos in on my venture but we need to carry the following for our residential care (assisted living)  licensed for 41 beds - but we can hold 36 beds in our current configurationGeneral Liability (We buy through an independent broker - basically covers medical malpractice, any slip/falls etc)Workers CompAnd even though you arent interested - Non owned auto insurance in case staff use their own vehicles to run an errand etc, building insurance for wind/hail etc inc general property liabilityAll of this runs around $33k to 36k a year for us - thats before health insurance for us etc - Work Comp is the most expensive part of that mix.Your best bet is likely not to find the coverage by calling yourself - you'll just waste your time - find a broker that can sell you this insurance - as far as limits - some of the limits are state mandated and will be in the regulations. 

Your best bet is to find a lender that will allow you to close in the entity (My company allows it, even a brand new LLC but only on investment and max Loan to Value is 75% so there are drawbacks).