Hi Everybody,I had 4 rental units until 2 weeks ago. I recently purchased a triplex, bringing me up to 7 units. My insurance agent called me today to tell me that my personal umbrella policy covers up to 4 units, and ...

Also are there any companies that "lend" for Tax deed auctions (In this situation I would assume the LLC would purchase the tax deed and you make your monthly payments directly to the LLC and once the amount is fully paid off they transfer the title into your name?).

In your situation you would likely be charged the NJ Realty Transfer Fee for each transfer.

Hi @Joel Harrison I am in the Murfreesboro/Nashville area as well and am in a similar situation.

If a high water situation floods your unit only a flood policy will pay for those damages.

I'm particularly interested in how other investors navigate the title situation. 

Not much discussion about deed-in-lieu, lenders seem to prefer foreclosure over deed-in-lieu no matter what the situation, it's always safer.

For a complete beginner who cares about getting higher returns, in my situation is there a clear winner for SFH vs MFH?

I’m not quite sure how to think about the situation.

@Sergey Pshenichkin It does not sound like she has an ideal situation to be purchasing a rental property...maybe focus on personal debt pay down for a while and continue to work her W2 job until she reaches a higher income.Increase income --> Decrease expenses --> Build credit --> Build savingsThen revisit this possibility.