I'm looking to purchase my first investment property and not sure how much income it would generate. Is there someone with experience/expertise in this area to help me input some of the numbers on this? I'm uncertain ...

I’m working on a project to help short-term rental investors like you analyze property deals more effectively.

@Dhirendra Sharma I'm not an attorney, so definitely consult one — but here’s what we see as property managers working with hundreds of investors:Buying in your personal name:- Easiest to finance (especially with conventional loans)- Exposes your personal assets to liabilityBuying in an LLC:- Provides liability protection if properly maintained- Cleaner separation for taxes, partners, and long-term planning- Harder to get traditional financing — most investors use hard money or DSCR loans

Investors who scale well have a go-to list of service people they can count on for quick, cost-effective work, especially during turnovers.Repeatable acquisition criteria & financing relationships – Once you know your target numbers (cash-on-cash, cash flow, debt service coverage), you can quickly identify good deals.

If so, review the policy to see what coverage you have — it’s your first layer of protection if anything was missed or misrepresented.A quitclaim deed doesn’t necessarily mean there’s a problem, but it does mean the seller isn’t warranting clear title.

Any recommendations for insurance agents or brokers who understand rental property structures and can help with commercial umbrella coverage? 

Sellers are dropping prices and offering full closing cost coverage just to stay competitive.

Durham and the surrounding markets have some great opportunities, and it’s exciting to hear you're looking to build a long-term rental portfolio here.I work closely with both local and out-of-state investors and can definitely share insights on the market, key neighborhoods, rental demand, and what to watch out for.

Now, I have a portfolio of Short Term Rentals and Long Term Rentals.

@Nina Diehl For long-term rentals, we never recommend leaving a gas grill for tenant use.