Even so, they expect the interest rate to rise gradually as opposed to a large jump.

My understanding is that one of the key reasons for intiating an LLC (as opposed to a sole proprietorship) is to provide asset protection to the member so that a judgement cannot be attached personally.

I am not opposed to flipping if the opportunity presents itself but am also ok with holding a property for a while.

Are you just saying that because the return will happen at a slower rate as opposed to selling it?

I think its one of those under the radar satellite cities that offers a very good alternative to buy and hold investors who don't want to risk the tenant base and issues of buying in the bigger cities at the same price points.you can acutally buy a 40k home in Kokomo that will be nice.. decent tenants no thefts etc. as opposed to buying in one of the big cities that puts you in High touch risker areas.I made an offer on an apartment there last year it was I think about 60 units.. we did not get it..

The repairs were to include Roof Repairs, Exterior Trim, All Windows, Cellar Glass Block Windows, A pre-hung steel rear entry door, smoke detectors, some ventilation work such as the hot water heater vent, some electrical work such as defective wall outlets, Drain Tile ...

It was built in 1976 has single pane windows, no heating/air, need some exterior siding replaced(water damage) etc. 

Paint (interior & exterior & cabinets) - $5800Flooring - $3400Granite - $2800Those were the biggest single line items we had and mostly went to contractors...we are still reconciling the remaining line items we addressed ourselves.

In both scenarios, it is still necessary to pull equity from the house, so you might as well get more money for your refi via the 15-yr as opposed to the 30-yr.

If there is an impending vote on a piece of legislation that will be detrimental to business and an available candidate will confidently oppose that legislation, then yes...I will support that candidate.