It helps to have access to many people with resources of information and my time spent as a finance and insurance broker around the country has done just that so I enjoy a good peppering of questions.

 No - Unless the house needs to be painted and they are painting contractors with insurance. 

This has a maximum shelf life of 180 days from the day LLC B takes title for you to complete the sale of the property owned by LLC A.  

My personal insurer (USAA) won't insure it because it's not a "family" LLC.  

.-  Monthly Expenses:  taxes: $125, water/sewer: $150, garbage $50, insurance: $125, repairs 5% (newer finishes, metal roof), vacancy 5-10% conservatively.-  I'd be looking at a conventional loan (possibly owner contract) with 25% down.  

If you're credit is good it's likely a better option because there is no upfront mortgage insurance premium like there is for an FHA loan.

There are signs of neglect all over the property, and the 35k price tag is a best case scenario if we don't find more..I can get a newly flipped property across town with similar taxes and insurance that would rent around 550/mo and they are asking 42k.

Now I'm on a mission to become a Master Investor and provide prosperity for my family as well as the ability to make a positive impact on others'  life.

G'Day everyone,There is a rule of life and it goes like this:“Give others what they want and you will get what you want”As corny as this might sound but I have always enjoyed giving more than I do receiving.

Tax - 2.6k (6%)Landlord Gas Water Heating - 1.3k (2.9%)Landlord Gas+Oil Heating - 2.8k (6.5%)Landlord Other Utilities - 5.5k (12.6%)Insurance - 1.1k (2.6%)NOI - 11.8kLending costs - 8.6kAs is, cash on cash would be 5.5%Is (eventually) getting 10% cash-on-cash realistic here?