I am currently self employed and have always had REI in the background.

PM me, I don't believe I can share multiple providers due to the self promotion policy, There are 3 very good companies in KC, However there are companies that I would steer away from as well...

I actually do some wholesales through my self directed IRA and have one loan going back ingo it!  

That leaves me with $460/month to cover vacancy, any repairs that pop up which should be minimal since I'll rehab it as soon as the current tenants are out, and overhead (self managed).

Hello everybody, I'm a self educated newbie investor from LI.  

It simply spreads those costs out via a premium.In general, insurance is for events that you can't self-insure through.  

Hi Steven,It's definitely possible to self-manage while you're working full-time, but it's not exactly going to be easy.

You could learn about self directed IRA's and approach people that you know who have nice sized retirement funds and tell them how they could earn 10% on their money by becoming a private lender on a house that you want to buy and flip.

Pay for it your self and cover costs in the sale (my personal recommendation).

BP has it all, and with a little research, reading, and listening to the podcasts you can easily self-educate yourself.