Hi everyone, I'm a long time reader yet this is my first posting in these wonderful forums.In the scenario of a single member LLC owed, owner occupied and self-managed multifamily building, is it best practice to be paid from the LLC for self-managed expenses/labor?

Does anyone have any recommendations of Umbrella Insurances that I could use, to protect my first property, before getting my second loan?

But overall the worst I can see it being is it needs electrical and plumbing and painting..It would be my first deal so it lets me put my foot in the door so I can then take a home equity loan out of it to get into my next deal with a higher chance to negotiate the price down.Also the population density of Puerto Rico is so high that it seems unlikely I won't be able to find a tenant rather quickly, especially when a majority of the island is under affordable housing..

Hard to say what rates will be doing then or before (without making wildly inaccurate predictions that will come back to haunt me), so I'd just say to ensure you know what kind of (or if a) prepayment penalty is baked into the loan.

im trying to find d a lender on an investment property with low LTV in Fayetteville NC im trying to do a Heloc or rehab loan does anyone have any advise  

Assuming you are taking a 401k loan and not a withdrawal, you can pay that loan down quicker.

The cost of labor in the KC area is cheap.

We are currently renting and our landlord has given us a great rent rate and we ideally want to focus on long-term rentals and utilizing BRRR for our portfolio.Our current market we live in is Las Vegas, NV which is a great city for growth, but it's been tough right now to find any cash flowing properties within our loan amount from our NV lender.

Feel free to use me as a resource for any loan-related questions that might come up. 

If you have multiple properties your rates may be increased or you may be dropped because of the claim or you may not be able to get a new policy from that carrier for many years.I can't stress enough how much of a mess the insurance market is... think about it this way.Imagine 95% of the primary home mortgages in the US were unprofitable for the banks that issued the loans - how easy would it be to get a new loan?