policy #1 $3496 for 2 single family and a duplex $1000 deductible $1,000,000 liability 50% replacement Policy #2 $5713 for 2 single family and a duplex $1000 deductible $1,000,000 liability 80% replacement and personal       injury and loss of rent.would love to get some opinions. 

If so that sounds even questionable.The objective is claim some justified expenses not trigger further opportunities for more audit.

Congrats on finally pulling the trigger.

You'll want to be careful about triggering due on sale clauses if you transfer the property from one owner to another. 

I looked into real estate investing in 1999 and even went to some meetings but never pulled the trigger.

I have come across a few good deals but I am struggle as to when the best time to buy is and if I should pull the trigger.

Hi All,Long time listener and lurker, finally about to pull the trigger and make an offer on my first property (a duplex in a semi-rural town in the pacific northwest).Numbers:Mortgage: $570 (with 20% down, $28,000)Insurance: $75Taxes: $110Maintenance budget:  $200Property management: $165Utilities (owner is paying currently): $185 -- note: I plan to change this at lease renewalTotal expenses: $1,305Rental income (minus 5% vacancy estimate): $1,560Cash flow: $1,560 - $1,305 = $255Info:Duplex (2x 2bed+1bath)It had quite a few renovations done.

I'm going to visit again with my attorney prior to pulling the trigger on this. 

I have been approached by coaches that don’t even have 1/2 of my portfolio and they want to tell me what to do .... go figureEducate yourself as wisely as you can, trust your gut and acquired knowledge, but then take action.Seek for an area where the economic fundamentals are trending up and pull the trigger ! 

Never pull the trigger on something that requires you to massage the numbers to make it work.