The numbers were literally identical.

I have an extensive history in carpentry and remodeling, along with being a heavy equipment operator.

Self managing my first property has been a comprehensive educational experience and is equipping me to be a more effective investor when I turn the keys over to a management company in the future.

I use an SCorp, as it makes the most sense....protection with no double taxation.As for the equipment....rental cost are certainly higher than owning, IF they use that piece of equipment at least half of the time.  

-U&O are waaaay more lax than the suburbs-Low TaxesPhilly Cons-COMPETITION (like any metropolitian area)-Sloth bureaucracy (permit pulling, plan approval)-4.28% Transfer taxSuburbs Pros-School systems that sell homes, not blocks-Safety of your equipment/materials not getting stolen-less competition (unless you are by a university or the #1 school district)-Permits/inspections are handled on micro level, usually takes a fraction of the time as it does in Philly.

Four identical units, 600 sf each.

I declined for identity theft reasons, he claims that he just wants to know whats so wrong with my credit.I tell him it is just high utilization, he tells me I need to fix my credit so I can apply for business credit.

The numbers you described resonate hard with me because it's nearly identical to my first rental property.

Personal Injury Protection:  libel, slander, wrongful entry, etc.Depending on the location, construction, etc. there may be other coverage that would be worth considering (water backup, equipment breakdown, etc.)

It should show identity verification, address history, criminal history, eviction history (this doesn't show very often but is nice when it does) and a full credit report.Go to google and search for "Tenant screening" or search BP for hundreds of conversations on this topic.