Land Trust has no recurring cost but misses Asset Protection.

I feel like they've finally fixed stuff that were really problematic and expensive and that the expenses shouldn't be too random and large for a while.1st property is rented out for $1,400 with ~$500 in recurring monthly expenses (agent fee, HOA, insurance, etc)2nd property is rented out for $1,200 with ~$500 in recurring monthly expensesAre these numbers good?

I don't mean how it's a pain dealing with HOAs to get repairs done  - I'm referring to identifying the recurring monthly costs for such a small multifamily project.

All of them are complementary and one does not replace the other.The recurring cost of an LLC is only around $200 a year.

Sometimes I wonder if they set things up like this so they can get recurring fees as issues arise instead of solving them up front like they should.Everything you describe is exactly the way many find themselves when this was not set up correctly at the time of the final decree.   

Hi2 months ago my tenant let me know that the Master Bed and Master Bath circuit kept blowing. She would have to reset it, and then it would only stay on for a day or two. I had my service go look at it and they found...

It has really affected the non-career choices I make such as buying a home, starting a family, traveling...Becoming financially independent is really difficult when you have a bigger hole to dig yourself out of first.I wish this was not a recurring theme I hear all the time. 

There are recurring costs and requirements to holding a real estate license.

Then if the remaining income covers your PITI+A (principal, interest, taxes, insurance, and any recurring items like HOA), then the loan is approved without reviewing your personal income situation (tax returns or W-2s).

Since my margins are predictably tight in the beginning, it'll also save me 3% on the sale of my flip.That being said, it's expensive (about 3k-4k upfront and a recurring fee of about 1k/year), it's not easy.