Who is responsible for the insurance, taxes, etc.

I am moving them all into my LLC and I am looking for an insurance company that insures with a good rate for the purchase price.

After all expenses including mortgage, insurance, water, property management, cap ex, turn over, everything, I'm making $2,000/month which is 15-16% cash on cash return.

I am looking to connect with Lenders, Contractors, Wholesalers, and other Real Estate Investors to build a solid team.I am super excited about this next chapter of my life, and am looking forward to establishing and growing a sizable passive income for my family.Cheers!

The service they offer is title insurance, which insures that the title to a specific property is free from defects and nobody but the buyer has claim to the property.  

How does it work in real life?

The right tenant makes ALL the difference in your life.  

My wife has been in prop management for most of her adult life and is a regional manager for a large company so I plan on using her skills on the management side (why didn't we do this much sooner!!).

That is the proper order of life.

There are many ways to pay PMI:- LPMI - lender paid MI which is a fancy term for taking a bit higher rate to absorb the cost of monthly MI for the life of the mortgage, depending on your credit score it may take .125%- .50% more in rate to absorb your entire premium for the life of your loan- BPMI single premium- similar to the above it eliminates the monthly MI premium for the life of the loan but BP part of BPMI stands for "borrower paid," so as you might have guessed the borrower pays this premium in a cash sum at closing either from their own funds or seller concessions they've negotiated from a seller or a gift from their giftors -BPMI monthly or split premium - MI can also be paid as monthly MI which is the stereotypical way to pay MI and it can also be paid as a split premium or hybrid whereby the borrower pays a good chunk upfront to have a greatly reduced monthly MI payment.Most people take LPMI and absorb it through the rate via LPMI to eliminate MI for the life of the loan.