Most tend to breakeven at best over time.

Replacing a sewer lateral is easily a $7500 repair; it's probably closer to $10k, and personally I would have prioritized it over t+p. 

Others who focus on CoC (I focus on IRR and EMx) will probably comment as well, but most "good" CoC returns are in the 6%-10% range.Out of curiosity, did you buy the property for $75k and is the ARV $130k? 

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

Nice job acquiring the first deal.

He's a partner in an STR management company and is very active in that sector right now in the Charleston area. 

Pass-through utilities are those that get billed to the landlord, and we pass the charge on to the tenant.UTILITIES.

I think I put 2k down and paid 300 monthly until I paid out the 8k price.

Our fees are not based on the profit or value of the project. 

Hit me up if you’re interested in this part of the state.