Because you'd be putting down less than 20%, you will have what's called Private Mortgage Insurance (PMI) added monthly. 

No loan, all cash.The expenses have been divided by categories (materials, utilities, paid contractors, insurance, other outside services, etc) and listed on the 1120S using TurboTax Business.My question is, how do I determine the Total Assets for Item F of Form 1120S?

.$3475 gross rent or $41700 annual rent$8044 annual taxTenants pay electric-- Let's also add in...Insurance - not quite sure on this one - let's call it $500 a month?

I would like to think they'd cover the damages though they may make you try to claim it through your insurance-which I wouldn't do as it was partly their fault. 

Try checking what the tax assessor thinks it's worth, and also what zillow thinks it's worth. 3) Will the cash flow from the 2 apartments cover the cost of the loan, taxes, insurance, repairs, and some on top for you?

Also make sure they have Errors and Omissions insurance. 

In California we had an unpaid garbage bill turn into a court summons which turned into a title insurance claim that was resolved without issue.

My assumption is that when you say "Mortgage Payment," you are including PMI, Taxes, Insurance, Principal and Interest, correct?

- fast account creation for LLC/EIN accounts- creative financing options - robust online banking tools- friendly- cheap wire transfersSame question, but for umbrella REI/renter’s insurance providers.

Best banks for long distance passive investors seeking umbrella REI/renter’s insurance for multiple SFR buy and hold properties?