Good liaiblity policy on the property (don't skimp)2.

Prior to that I was in the mortgage industry for about 6 years where I did everything from basic branch admin stuff, compliance and QC, processing, and eventually was a licensed loan officer before I decided to change paths to public safety.

Is visiting your property (I'm out-of-state) prior to buying crucial?

It has been a great way for him to make some extra cash, and get an education on Airbnb investing that he can hopefully put to work on his own properties in the future.I will add a disclaimer and say that we have a prior relationship with this broker and trust him and the work he has done over the years.

I suspect the "Termite Insurance" policy is just another way to get a few bucks from you. 

The property was essentially turn-key as the prior owners had just remodeled the unit before listing.

The property was essentially turn-key as the prior owners had just remodeled the unit before listing.

My first property was also last year, and am hoping to complete the purchase of the next two before the end of June (this is the deal in question).My goal is 2 properties per year... so after June I will use the remainder of 2019 to sit back and monitor, refine housing policies, maybe take a RE course, move to e-docs lease signing... basically just come up with ways to automate and make things easier for myself moving forward (since I also have a semi-demanding FT job).

Sale 7 properties (some with liens/ some without) to the same person at the same time.Place all left over proceeds with the proper 1031 agent ( closing attorney).Use all the left-over proceeds as a down-payment for a much larger complex (will be identified prior to sale).

You may want to look into an umbrella policy first instead depending on the equity you have in your properties.