In addition, they connected me to the preferred lenders who also helped with closing on the property within a short period time.

What would be my best route to take if we need additional finances?

Loss of use is foryour additional expenses if you can not live there due to a covered claim (ie.

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.

Additionally, it's easy for a house on one lease to get absolutely trashed by the renter.

I track the principal as a Liability account in Xero, and whenever I add it to a report, it always shows the current balance, rather than the change over the chosen time period (like with expense accounts).  

Get the property in your name, make sure that the seller is an additional insured.

How do you finance the tear down do you add it to construction?

Here's an article with additional FAQs on cost segregation studies that you may find helpful.