So IF you know you can pull $1100 from this property and IF there are no other major issues you'd be cash flowing $300 per month (but that's a big IF)On wells and septic:Wells can be fine, just make sure to install a water softener.

You can create it between the time you put a property under contract and when you close.Whether you should have an LLC or other entity is a more complex issue.

I forget what exactly the problem was but people were bringing up issues they've had with roommates fighting and not getting along (which isn't your problem so much.. but still is annoying).But good luck!

Brokers will over enforce rules so that there is no possibility of an issue arising.

For my MLO I just had to have my real estate attourney email the lender and ask if they had any issues with me leasing the property (there was a weird clause in the mortgage that she couldn't lease the property to anyone even though it was an apartment).

I was wondering if anyone had any thoughts about that and if anyone knows of any issues related to having an LLC in Mass but buying in RI? 

An appraisal was required and was coordinated between the PM and the renters.The cash out refi was like any other, but I had seasoning issues.

I am currently a renter, I had a drone battery that caught on fire. The fire cause damage to some carpet and foyer tile. My insurance is claiming that if the battery was a defect that they will not cover the damage co...

I did have a few issues with subs during rehab but nothing that was earth shattering.

Residential sales can be emotionally driven, while commercial is very business based.