Limited partners are investing in an LLC that holds the asset.

I always used an S-Corp for Construction companies and LLCs for RE holdings only.

Insurance claims always get the crazy up charges for regular service inspections.  

Investment Info:Single-family residence buy & hold investment in Paramus.

I have a great tenant for 2 years in that she pays timely and never asks for anything. She pays $1,900/month in rent. She is a doctor and her husband an engineer. I was thinking on raising her rent by $50/month. My ex...

You will not be able to hold this property at a 12% loan and make moneyAlso your closing costs appear way off.

And when it comes to buy and hold, time cures all mistakes. 

I say this because you can probably qualify for 3-5% down on an owner occ loan amortized over 30 years with a conventional lender, while most sellers willing to hold the note are typically going to want a higher down payment and shorter terms.

He has metal sheeting nailed to the roof to hold the tarp down because of heavy winds.

I have used PropStream/Repropfinder's skip tracing service (60% success rate) and I reach home owners and buyers on the phone with regularity.