There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Lawn maintenance, toilet repair, etc. this was a brand new AC unit costing $8,000.  

We're still deals here around $120k-$180k that have positive cash flow and have lots of potential for appreciation.

I have a tenant in Arizona, who moved in a month and a half ago.they keep complaining that the master bedroom is too hot.The whole house is ok but the master bedroom is hot.I offered them a portable ac, they refused took it but did not install.I offered to have a handyman come install it, they said they can do it themselves.I offered the ac guy to come check on the AC and asked them to call the guy, because he likes to schedule with the tenant directly, but they have not called himI asked if they waned me to schedule with the AC guy,- silence.They complain but wont let me schedule for them.I understand that the tenants are just complainers, but I want to cover myself legally.So in case, if they decide to take me to court, I would not be liable.What is the best way to deal with things like that?

Don't hesitate to share your experiences and questions—everyone's here to support each other.

Again, research and underwriting your deal.

Networking is what it’s all about, and I’m all for connecting and supporting each other in this journey.

**Seller is participating in a 1031 Exchange, at no cost to Buyer.

I'm curious what would be some different ways I could look at structuring the deal, and is the 10% return going to be attractive to people who invest in deals like this?

Quote from @Gillis Langston: Mold is usually much easier to deal with than people think.