@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

If it was your own money I think you have to wait 12 months to refi.Run your numbers and make sure you will CF with a renter first.

I think you will gain a lot there. 

I don't think we owe $800 in CA, we incorporated in GA and have a registered agent in GA. 2.

Hi @Sean Leahy - good direction, I've never considered this but now that I think about, whenever I've had some random rental/sale listings I've been approached by brokers who said they represent folks that are part of the insurance company's claim management process (e.g. their house burnt down due to an accident). 

I think BP is a great resource.

Think of property expenses as the property’s money—not your own.

The picture makes me think of a "mini" hotel or some type of destination/STR property. 

I am thinking about that in another way, related to my HSA. 

Whether you're a seasoned pro or just thinking about your first flip, let’s laugh, learn, and maybe even cry together!