Insurance is going to protect you financially from lawsuits, damages, total losses, and other scenarios we can't even begin to imagine until it actually happens.You'll want to have a broker you can work with and trust that will make sure you're properly protected in the event of a loss.

Start with networking, go to all events you can and follow up with who you meet.

You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.

That's our cap.The only time we have seen an electric bill higher is when contractors were in there working and using a ton of electricity for industrial heaters for a month.  

Using a family address could expose you to unnecessary risks in the event of any legal or financial issues related to the business.Additionally, these virtual offices often provide extra services like mail and package handling, telephone answering services, and access to meeting rooms, making them a more professional and practical solution.

If you know of any good groups or events, I’d really appreciate the recommendation.Thanks so much for your time!

Its a hard explanation on this part of the industry however I have decided to stay away from real estate and continue my path investing in the SMP500.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

In the event of vacancy, they will work to market your property for the next tenant. 

I would count on having at least half market rate tenants, in the event Section 8 rents are higher than market, which they are in our market (granted you will need to subtract the utilities from the rent).