In my opinion, the management fees for professionally managed daily rentals tend to consume all the free cash flow, so there is little to nothing left over after debt service and other costs of ownership and operation are paid.BTW, a multi-member LLC is a partnership in the eyes of the IRS when it comes time to file your income taxes.  

I will call construction companies but I think they quote by square foot.I am amazed at the lack of information available for average cost per square foot to rebuild condo just interior and house everything.Best ballpark I can get is $75 - $125 / ft for condo and $200 - $250 /ft for house.Also insurance agencies I have dealt with tend to jack up the personal property limits for example $20K personal property for a 1 br 1ba 504 sq. ft. condo - give me a break.Here is what I will go with unless someone has better recommendation:-------Condo 504 sq ft HOA covers all external :504 * $100 ~ $50K Property + $6K Personal (appliances mainly)-------House 2300 * $225 ~ $518K Property + $10K Personal (appliances mainly)Also what if it cost less than the insured amount does the insurer get to keep the extra?

There are a few stipulations that tend to be a bit tougher to qualify for than a standard HELOC, but if you can get it, it is as advertised.I have a local bank in Omaha that has two of my rentals combined on one First Lien HELOC, but they don't work out of state.

This tends to be faster than trying to explain when a showing is, and in that off chance, you may have found yourself a new tenant.

A better apartment attracts a better tenant, and also tends to stay occupied a higher percentage of the year.  

The benefit of that is you won't be limited to watering and tending the one plant outlined above. 

You still won't get nearly as much information, but it tends to be better for investors than Zillow, Trulia, etc.Hope that helps!

I think the reason is that your repairs tend to come from multiple categories: very cosmetic(carpet) to fairly substantial (new kitchen cabinets and appliances) to major systems (HVAC, roof, electrical) but rarely falls squarely into just one of those three categories.

I tend to look at things like that monetarily and if that fit one of your goals.  

Groups that have only networking as their focus tend to be small and frequently die out, since there is no attraction for someone to spend their gas and time.