Because I initially purchased this apartment for me to live in, I wasn't doing too much thinking on it as a potential rental unit at the time.

I saw a slight increase in my policy and just looking it over seeing appliance coverage and internal property coverage.. i assumed it was correct... turned out it wasnt and initially they declined my claim, but i hired a lawyer and kept track of the info like the person i talked to, date, time and such and they managed to go back and find the recording of the conversation and then accepted my claim, but they truly fought me tooth and nail on the amount.

It is an entire process, and the collection attorney will typically charge up to 28% of the amount collected per month, in addition to a set fee to start the file.

Paolo, this is an interesting and useful idea I would not have initially known to consider.

I do think we can convert the top to a 3-1 for relatively low cost and charge more for it. 

We were thinking it would probably be more but just based on initial assessment that's the figure I had in my head.

My initial plan is to start to invest out of state in turn-key properties. 

My initial strategy for a period of 1-3 years will be primarily centered on growing cash through flips and rental properties on small SFH or multifamily.

I live in Brentwood and have received email alerts on several home reducing their initial listing price.

You can cash out 70% of appraisal value  or initial purchase price which ever is lower.