@Kevin Farrell There is an electrical supply company that sells high quality electrical equipment including meters on EBay for a fraction of the price you would pay at a supply house.

How did you add value to the deal?

If a legal issue arises with Property 1, only that property’s assets would be at risk, protecting the equity in Property 2 and any other properties you may own.Asset Isolation: Isolating each property in its own LLC helps protect your assets from creditors or lawsuits targeting a specific property, thereby providing a more robust legal shield.Financial Management and Bookkeeping:Regarding your concern about financial management and the practicality of handling multiple LLCs:Centralized Banking: Using a holding company’s business account and credit card can simplify your bookkeeping.

Hi Trinity, I provided an update here on my experience if you look through the comments.

In all of my flips, the contractor I use provides their own windows.

The strong market demand in the area indicated a high likelihood of a rapid turnaround.

I am considering buying a starter home for my family (around $300k), living in it for a year, and then renting it out while buying a larger home for our family, like a 5-bedroom in the high $400k to low $500k range.

That seems high or not even required.Why are you paying for discount points and still getting a rate over 8%?

I would highly recommend looking in the area that you will be listing.

And folks like me will be more valuable to them IE we provide the capital so they can wholetail or control Inventory like Don used to do..