Plans need to include how to fund things and to have flexibility to deal some unknowns or uncontrollable things such as a tenant leaving or not paying. 1.

It is a balance sheet of all of your assets and liabilities including both personal and business. 

@MJ S.If a borrower goes into default they will get desperate and do anything to stall including filing a wrongful foreclosure suit.

I'm looking for a residential liability only policy in Georgia that includes A&B. 

If you do not have a set of specs and scope of work  with a contract than how do you know what is included and what the contractor may later claim is a change order or extra? 

Do these include insurance?

They include any costs incurred during a general search for, or preliminary investigation of, a business or investment possibility.The costs you had in your attempt to acquire or begin a specific business.

Some will be passed on to the tenant.You can include non-recurring expenses such as capital expenses, repairs, etc. 

From the CA website:A landlord can only deduct certain items from a security deposit The landlord can deduct for:Cleaning the rental unit when a tenant moves out, but only to make it as clean as when the tenant first moved inRepairing damage, other than normal wear and tear, caused by the tenant and the tenant's guestsRestoring or replacing furniture or other personal items, but only if this was included in the rental agreement and the damage isn't from normal wear and tear Generally, a landlord can keep part of the security deposit for rent owed.

I am overwhelmed by the number of different formulas that are out there for rental property investing and I don't want to overpack for lack of better words my investing formula arsenal so I would like to know what ones are the best to use and whyThe ones I currently use include: COC, NOI (and NIAF), Cap rate, ROR, ROI, and IRR=But I also have heard of NPV, I am also not including any "rule formulas" aka 1% and 50% as those are simply guidelines to follow and not complicated formulasLet me know if I am missing any or don't even need to use some of the ones I am usingThank you,Peyton LaBarbera