There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

What are true returns for comparison, before or after Income taxes? 

There so many answers here I'll just drop this thought you can think about.....It all depends on how hard you want to gamble when that large insurance claim finally does happen.Lastly, you want Waivo for small damage claims not your homeowner's insurance.

Look into local tax incentives and financing options, and reach out to local real estate groups or mentors to better understand the market.Good luck!

(I REALLY can’t stand state income taxes.  

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

Enough immediate cashflow to balance out the mortgage, taxes and insurance.

But with all the syndicators out there NOT all but many also getting stuck with their deals needing to recapitalize because interest rate rise and tax's and insurance rise was not planned for or contemplated these are legitimate actions to take to protect the greater good. 

I've been buried with tax preparation and a couple projects, so BP moved from the back burner to completely off the stove!