If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

While shopping for home insurance, I kept receiving higher premium quotes.

I’m a 41-year-old father of six who loves the Lord and is driven by a desire to build a better future for my family through real estate.I own a small tile installation business, am a certified insurance agent, and am currently in the process of obtaining my real estate license.

It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

I understand the policy is to email permitting for updates but after 13 months of permits, 19 months after I sent in $36,000,  I think I've earned another quick phone call.  

I have decided to send a mailer to ALL my existing tenants informing them of this policy as my existing referred tenants have all been exceptional.

Make sure it's one that's also insured.

Plus with no state income tax, cheap insurance, and very low property taxes, I’m probably starting $20k ahead of most people, and that’s a tax free $20k.).