I know it sounds like that is the thing to do but why do the bank favor when you can reinvest that needed money into more real estate!

It sounds a little like Maslow’s hierarchy of needs but it also looks like it takes into consideration personality after our basic needs are met.

I'm in NY and insurance companies licensed to operate in NY may not be licensed where you are.Also, I own rentals and engaged in several other businesses, and it's best to know and use an experienced insurance broker in your area, preferably a local one.I once bought a business for someone who had his business in an S Corp., didn't realized when his business get sued, lawyers normally sue the entity and the owner personally as well.

I would retain the communication where he told you that you would lose your security, because THAT is not legal and sounds like a threat to me.

This approach probably sounds tedious, but it has worked for me so far up to 5 properties.

Not a seasoned pro here, but it sounds like your agent is flat out not doing her job.

I would like to know the cost for slab or perimeter foundation.I got a 50k quote from someone on phone  for slab , which sounds too high for a 800 sq ft single story. on a flat piece of land

. $800 a month sounds fine to me.

Normally I’d say no but you got a psycho ex a toddler involved guns going off people being firedHalf dozens dogs running through the house .. sounds like an episode of COPS over there .

There are a number of purchase/sale/holding costs to look out for, that I compiled into this post here: https://www.biggerpockets.com/blogs/8814/70530-fix-and-flip-project-costs-purchase-sale-and-holdingI see that you're located in South Dakota, so in addition to those costs you'll also need to contend with the Contractor's Excise Tax, which is a 2% tax imposed on "prime" contractors engaged in "realty improvement projects" in South Dakota.