That's extremely low.

All signs point to extremely solid investment, but as a newbie I know the most challenging hurdle is going to be the one I don't see coming.

Unfortunately paying with cash with result in extremely slow growth.

If it is listed you can have them write the contract, negotiate for you on anything, and if the seller down the line comes back after you for something that happen you would be covered due to the agent/broker E/O (this is an extreme example).

It was extremely stressful to go through this so please take the following lessons to heart: Get an experienced insurance agent/broker who is familiar with landlord’s policy and is familiar with the type and the price range of your rental.

I understand that the options include:1) obtaining this as a personal mortgage and then moving the property to an LLC, with the potential problems of a) triggering a due on sale clause, b) piercing the veil if I'm actually paying the mortgage, potentially negating asset protection benefits , and c) title insurance complications2) obtaining this as a personal mortgage and then moving the property to an LLC, and hoping for the best that the lender doesn't act on the due on sale clause.

@Holly Chan thank for the extremely thorough explanation.

Way to pull the trigger!

As an AA, it's extremely tough to watch

There is also a sensor in the motor to detect pressure, also triggering the door to open.