." - Understand risk mitigation through insurances - Understand how building a rental portfolio under an LLC changes the debt options you use when closing deals. 

After that you use the attorney to close on the loan and the fees are charged to the borrower. 

do you have down payment + closing costs + rent ready costs + reserves + savings + emergency fund? 

Hi,I am closing on a duplex that needs a lot of work...a lot.

Thank you so much, Account Closed!

@Jaci Sattler when you cashflow will depend on the Property Class you target and how INTENSE & patient you are in looking for an acquisition.Many new investors think they have to pay close to market price for a rental.

The other things you choose to pay for, inspector, termite inspection etc those are your choice...and you can just skip them and close eliminating the concern about option money.

My wife and I have one rental property and we are about to close on our first flip.

These two are close to both hospitals and after doing a little research the demand seems to be solid. 

If you have any light to shed on that Rob I'm open to hearing.