My formula is not complex... something like this:High school rating > 8"(Estimated Rent x 12) - HOA - Prop Tax - Insurance @ 0.3% - Vacancy @ 5% of rent - Debt Service @ 8%" > 0I want to be able to customize the metrics, and find properties I can purchase as an investment.If anyone is an avid user of StockRover and their custom metrics, that is exactly what I am looking for - but for real estate. 

Employed with the same company for 7 years, makes 4.7 times the rent, has a credit score of 580, and a bankruptcy that is over 3 years old, shows 0 late payments since bankruptcy.

@Pramod MahadevanI'm in Lake Tahoe Nevada and this has become an issue with many larger and smaller condo complexes because of the multiple insurance claims from snow damage last year the insurance companies were dropping policies or charging crazy prices. 

In Akron/ Cleveland, title companies take care of everything.

(I am 20 yrs old) Investing has always been an interest of mine and after a couple months of searching I got hired too an investment company.

(Its a mgt company..not a big one) thank you

Would you recommend hiring an independent adjuster to work with the insurance company?

Either way let me know if you want a direct POC to field ops, my contacts aren't in the claims/damages depts, but they can probably get you directly to the right person vs going through customer service.

I know LLCs can be used to invest in real estate, but I also read that someone created a leasing company to sublet the individuals personal real estate to the tenants with the actual owner having no liability since their leasing company LLC is the one responsible.This had me wondering how best to use an LLC, and I hope to hear from many of you to better understand how the LLC process works in the real estate world.

On a side note, I am a Project Manager / fire sprinkler system designer (for 20 years) for a fire sprinkler company in central Mass.