Once I get my main job situation figured out and plant roots somewhere, my goal is to own five rental properties  in five years and manage them myself.

William - is there a way you're aware of to raise the beam to prevent damage from the walls / windows / mechanicals etc.? 

I often break it down into the "five pillars" of protecting your assets.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.

I would get the trees trimmed to prevent any possible problems. 

If not, how do you prevent that?

If you don’t sell, and don’t rent for high enough, your rental property will probably prevent you from buying another home (Debt to Income).

Yes you don't eat a mortgage, but you will have costs such as keeping the heat on in the dead of winter to prevent pipes from freezing, insurance, etc. you want to be conservative with the numbers to give you worst case scenario. how are you looking with capital expenditures?

Hello everyone,I am very excited to be apart of BP and hopeful to build deep-rooted professional relationships through this forum.

I often break it down into the "five pillars" of protecting your assets.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.

@William Brown  I've bought some bank owned foreclosures in the past and it was very specific in the contract that it could not be assigned or sold for xx amount more than purchase within 30 days (preventing a double closing).