Worth the money.I wouldn’t pay a showing fee personally, but I also let my reputation speak for itself.

You would be wise to involve an attorney or at least a CPA so you become aware of several consequences to your proposed plan. 

Also, if the asset has a bad or less than desirable reputation around town, consider rebranding; new name, new signage, new website, etc.

I used to be a very caring landlord,responsive and of course proposing a great house in Good condition,but for 2 years I was almost not sleeping at night thinking an accident/personal injury/mold related health issue could happen and consequence of this would be them suing me for eventual High medical bills or else,which could mean losing one or more of my single family homes as they were all under my personal name,The point of my post is that it seems you cannot follow a "by the book equation" that would 100% prevent you from this to happenOkay I had the biggest umbrella policy up to 5 Million in coverage,but I have a limited trust into insurance companies,I can easily imagine them finding a way to not cover the problem if needed with some clausesI always was specially paranoid about MOLD,especially with the houses being in Florida,although the premises seemed to be totally ok at move in,you will always be told that there are some mold in houses in general,so the situation could quickly change without you noticing even with constant control,I add a very nice old couple as tenants but at one point they were telling me they had health problems because AC was not working for a day in order to have it fixed quick(of course as usual I respond or act fast to resolve the issue but this just ringed to my mind what could happen if they would get very ill and need to pay a crazy medical bill...)

The main issue is getting out voted by other HOA Board members who want to increase from $795 to $1411 without thinking or even after thinking about consequences still going forward.Terry

Good luck finding a reputable lender that will loan to a brand new llc without a personal guarantee from someone with assets and experience.

If they violate the conditions of the lease agreement and are consequently evicted, they do not get a refund.

MOST IMPORTANT ( A GOOD PROPERTY MANAGER) This is KEY, you want to work with a property manager that has a good reputation and also is able to educate you about the market.

A lot of reputation is built from your existing network in the RE sales market.I really like the idea of flipping another house.

When blindly utilized by someone because they hate paying taxes, the consequences can be significantly less satisfactory, for the reasons I already outlined.