That said, most folks here will hold their properties in LLCs for the asset protection benefits that the structure provides.Here is an article that explains the benefits of the LLC structure - https://www.landlordology.com/landlord-rental-llc-... and another https://www.legalzoom.com/articles/forming-an-llc-...As for the house hacking you are considering, if you go with an FHA style loan you'lll have to live in the property for a while.

I'd also recommend checking out the Events section in BP to find some local meet ups for additional networking.

Give us a call with any additional questions we can help you with!

If it’s available I say this,“I’m happy to offer a late check out (or early check in) for no additional cost, in exchange for a nice 5* review”.

That equates to $600 per year and they want to stay additional years.

Selling costs will be more around $15k, not $10k, and the HML is in addition to the $80k purchase.

So I was happy to say, here's where you turn in your application, they run your background check, they run your credit and anything that I can see you can see also, in addition, this is not a profit center for me because you pay them and I don't get any money for your application.

Also keep an eye out for evidence of any lease violation.... unauthorized occupants, unauthorized animals, tampered smoke alarms, damages, etc.In addition to checking all of the smoke alarm devices, plumbing fixtures, electrical fixtures, appliances, and operation of doors and windows, ask the tenant if there's anything that's not working or needs attention.

Is that included in addition to your regular policy?

In addition, I am sure the fact that you are so detailed with your process made it easy for the insurance carrier to find coverage & identify subrogation against the water company.