You may want to connect with a real estate attorney to get a good strong version of those documents.

NoVa "feels" like a stronger area for appreciation just because of the better school system, better public transit/infrastructure, and strong job market.

It pays to be consistent, stick to your word, and establish strong, honest relationships.

You need to have a strong why to drive you.

Regarding a property management I would strongly encourage one.

I've done a search on BP and have read a number of threads strongly recommending replacement of knob and tube so I am familiar with the safety concerns.   

I've done a search on BP and have read a number of threads strongly recommending replacement of knob and tube so I am familiar with the safety concerns.

In fact it's the strong cash flow that supports those higher values. 

I was shocked when my (California) attorney STRONGLY suggested that we need to have a separate LLC for each property we have.   

Hello BP members, although I am not new to rental properties, I feel that there is always something new to learn & I feel strongly that this site has some of the best advice & smartest minds when it comes to investment properties.So.... here's my dilemma 2 years ago , my wife and I purchased a short term rental in Maine, beach area, steps away from the beach & the location is very good.We now know how fortunate we are that after jumping over many obstacles to obtain it, there is much value here & will  be a good investment as years pass.