If so, how was the experience? 

I didn't make much money, but the most valuable aspect of the experience for me was learning how to find crafts people, acting as my own general contractor, and then learning what order in which to do repairs and improvements.

You can get up to $1m in coverage for a lot less than you'd pay on that LLC in my experience. 

It is the only way to gain financial independence.I hope you read the sarcasm in that comment.I will assume you have more experience over time than just the 4 units you currently own.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

We thought we had to accept whatever was presented to us, but that experience taught me otherwise.

General rule of thumb for hard money is 25% (plus closing costs) down especially if you don't have a lot of experience.

I personally enjoy a misting fan on my patio.Here are some data points below: prices are steady and rates as well; not too much change in the market this far.

I came here for the deep well of knowledge and experience that members of this community have.

With our price target of around $1M, we potentially save 25k-30k (minus broker split) in commissions.My wife is uncomfortable representing us since I have no experience as an agent.