There are many different ways our legal system abuses those who have insurance with ultra high limits. $1million in umbrella coverage stacked on top of the underlying liability coverage for the property is more than adequate. 

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Dayton is a great market for high cashflow.

In my area of the state, just drilling a well alone can cost $35-$50k+.Some areas have lots that have adjacent to public water and sewer that you can tap into however usually you'll incur the water tap/sewer tap expense which varies in price but I've never seen less then $10k on the water tap and $5k on the sewer tap and those are lower then usual.

The seller paid like $500, I paid nothing, and they replaced a water heater.

Your monthly HELOC payment is way, way, way too high.

If you're planning on keeping properties as LTR, I HIGHLY recommend Heather Turner's (Brandon's wife) book on managing rental properties.

Interest rates are really high compared to those of recent years.

Look for properties in areas with high rental demand to maximize your potential income.Renovation: Invest in renovating the basement to make it suitable for tenants.

The purchase price is $410K.Should I go for 15%, 20% or 25% down payment, taking the current high interest rate situation into consideration?