Stay safe.

I don’t think anyone should try and predict the future on appreciation returns, so your best bet is to look at past #’s.

Your initial impression of this tenant was correct and you were correct in getting a larger deposit and I bet you will need to use all of it before this is over.  

An of course we will want to get another house later down the line.An LLC may be your best bet with a really good operating agreement.  

Should I be safe to use the attorney he used for supposedly probating the will?

In an OK area and pretty safe but the schools are rated between 2-3 on great schools.

What can you get in the $120k -$200k range, the middle class areas that are safe are almost always the best options.

I have definitely grown a tremendous amount as a landlord and I can safely say I feel better prepared moving into the future.

Depending how is your risk tolerance you can either pay it safe or risk a little more.

Bought a business from someone who had it in an S Corp, was sued for $3 million, only had $1 million coverage for a S Corp because he was told business is in an S Corp, he should be  safe.