@Aarti Bambha  Our group insurance agent  can work in both States.

Price is 210000 taxes are 2100 insurance is 1400 vacancy should be 1 to 2 percent .

Here's reasons why-https://www.biggerpockets.com/renewsblog/2013/08/1...In short though, I don't see a benefit to an LLC for one property that would cover anything more than an umbrella insurance policy would, and umbrellas don't bring all the drama that LLCs do.

@Alex StauntonA quick analysis:Monthly ExpensesDebt +Taxes+Insurance+Other Expenses ($4,800+1,100+200+3,000)=9,100Total Monthly Revenue = 9,000You still have not included property management (if we assume a 10%) you are looking at about 10k in expenses and 9k in revenue. 

After that it would be plumbing and electrical because of permits and more skilled labor needed for those trades. 

Whenever I need a contractor, I just do a search in the group--of course, I still verify with the person that recommended them and my own vetting process which includes a CCAP/License (if applicable to job) and insurance check. 

Hello,I'm looking for a local company in MN that is willing to insure and provide workers comp for a General Contractor.

Do I have my buyer file a title insurance claim ( if he has it ) or should I ?

I called up the insurance company and they sent out their adjuster and he's giving me an 80k estimate I don't exactly trust.

Prob same for insurance.---* If this wasn't an A area I'd flip it, but do things change in A areas?