I recommend checking out some of the BP books such as Rental Property Investing by Brandon Turner or Buy, Rehab, Rent, Refinance, Repeat by David Greene. 

I have a portfolio of properties (more than 20 units) that are being handled by a single property manager. 

Originally posted by @Zackarias Aitchison:Hey! 

So you would have to get a commercial loan if going straight to the LLC - which usually has worse terms (shorter rate lock period, shorter amortization schedule).USUALLY, you can borrow personally and then deed it to the LLC after the fact and as long as the LLC is owned by the borrower you won’t trigger a due on sales clause.  

The different strategies that I've heard other property owners use are: RUBS, submetering, metering, or increasing the rent by a certain amount to cover the water bill.

Would that increase your relationship with the agent by using their referral? 

@Nick Morello  I have a proctor account were I put all of my builders risk stuff... zurich has this product as well.... you just e mail them and address and boom your insured.. they charge by the month..

Being aligned with your goals by being in the right environment is like a seed growing in good soil. - Read "The Wealthy Gardener."

Originally posted by @Curt Smith:@Nick Q. 

Consolidate or Diversify Your PortfolioThe flexibility of a 1031 exchange allows you to either consolidate multiple properties into one or diversify by exchanging one property for several others across different locations or types.