**fine print - Individual results will vary by the individual tenants credit profile, zip code and claims history....Here is an Ohio example of someone I quoted last week - $15k in property, $100k liability, $1k deductible premium was $187 year / $16 month.Increasing Property to $30k and Liability to $1 Mill the total premium is $275 year / $23 month.

Uber claims to become and Air Uber in 5 years or sooner.

Im new to real estate, getting closer to my savings goal for a property, and I want to know if I actually need a completely separate stack of cash for closing costs.

Jonathan Beemer while this isn’t much help for your current situation it will help when you do have the necessary time on your new job.Don’t forget to claim everything you have wrong with you on your way out.

Also found that they replaced area vinyl under at kitchen table with a completely different style and color of vinyl...looked horrible and I ended up redoing the whole unit. 

Although you might think that only applies to a contractor, they have the following example:Operative (Speculative) Builder (Also known as “Flipping”) A person who owns land and builds with the intent of selling the building once it is complete is an operative (speculative) builder and is a prime contractor.

And it depends how much you purchased the home for and what would be the ARV once the renovation is complete.

I'm completely open to the idea of having a location in an "up and coming" neighborhood, but at the same time want to be in an area that I'll enjoy living in on the weekends that's fairly walkable and will be able to commute to work (west suburbs) fairly easily.I've met many people whom have stated multi-units were the way to their success.

Name changes and what, quit claim deeds, all over the place.

Now that it becomes your personal property and if you use is as a rental - you will be able to claim all expenses plus depreciation on your tax return, but you can't go back and claim expenses while the property was in an IRA on your personal tax return.