Have read many books and attended seminars and dabbled, but finally ready to make my first investment. 

You can set up a succession plan within the LLC, making it easier for your beneficiaries to take over or distribute your assets as planned.Streamlined Financing: DSCR loans can be more flexible than conventional loans since they focus on the property’s cash flow rather than your personal income or credit.

You can read more about it here if you're interested.

Why we build the same floorplan over and over again:1) Easier for Trades and Faster Build Times: Our trades have been working on the same layouts repeatedly, so they have become more efficient.2) Less Mental Space for Decisions: We don’t spend too much time deciding on which floorplan to build, we focus our time on growing the business and serving our customers.3) Best ROI based on Square Footage: The floorplan we build gives us the best return on investment.

Insurance premium determinations  are more localized where the carriers price perceived risks into their desire to have market exposure (if at all) and how to price that exposure. 

Since I don’t have many assets or a lot of cash on hand, I’ll need to be creative and strategic.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

You pay a little more in interest, but the loans typically pay off quickly, and the interest is negligible. 

Reposting from one of our FB forums:Homeowners who need to file insurance claims - read on.

Most people out of school want to live in the more lively areas of the metro (close to beltline / midtown / west midtown / buckhead) which are pretty dang expensive for a first time home buyer.