Anything, that would be very subtle but at least could paint a picture how will your tenant be acting on his responsibilities not to mention taking care of your property.Second: If you are on the point where you already have a tenant and he/she starts missing due dates.

Buyer will pay cash if financing is not available or if buyer chooses not to switch to financing."

I choose to listen to the more optimistic books, however it is clear that there is so much to learn here and I am just scratching the surface.

If you find something that just needs paint and carpet and the rent that it brings in gives you a 20% return on your cash or better then you should be in good shape.

So, if lightning strikes and burns the entire complex down, the Master Condo policy should rebuild the building, your "Fire" policy should finish the interior of your unit (new paint, flooring, cabinets, appliances, etc.) and possibly even cover your lost rent while the premises are uninhabitable, and your tenant's "Renter's" policy should replace their flat-panel TV, sofa, bed, clothing, laptop, etc.Does the policy get taken out to the LLC or us as individuals?

Additionally, on the topic of LLC's, Ive read a great deal of REI on here that choose to insure their properties through an LLC.

This house literally just needs interior paint, appliances and floor cleaning.

I will say that there are a lot of fumes with the paint/polymer.

Are their any provisions in the Section 8 program that state a tenant cannot choose to use his Section 8 voucher at his current residence, or at a property owned by his curent landlord?

They paint, install light plumbing fixtures, clean . . .