Thought this might also benefit you.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.

It's awesome to meet another investor from the Buffalo area, by the way.My wife and I were thinking the same thing with respect to just simply positive cash flow/all house expenses being covered while we're house hacking, which should make the property that much more profitable once we move & rent out the unit we were living in.While we have a lot of family originally from the Buffalo area, we're relatively new to the area (approx 1 year now) and quickly finding out the areas that we should stay away from - we're certainly steering clear of the inner city areas. 

I make enough money to cover him if anything ever went south, and he is on board with the idea and wants to do it. 

Hi,Depending on the states you are in, you could try Cobalt-Steele for an aggregated policy covering all 5 houses.Regards,

I told the buyers thanks for the offer, but I'm moving on to my back offer for the same price with no inspections and quick close.Some of those home inspector are just out to cover their back ends, and write the most insane stuff you have ever seen on new construction. 

Some people use their owner earnings to help cover their personal living expenses ("sip cocktails on the beach all day"), while others reinvest their owner earners back into the business to expand it.

Looks like you will have to cover nearly $4,200 with the income from the rent being $2,500. 

I have the debt Id like to cover from the remodel, have a small down payment for the next property, as well as drop the PMI which I think is feasible but would my new loan truly stay the same and does it work that easily?

That’s a little higher level.Check out Mark Kohler (lawyer and cpa) on you tube where he covers this topic and others.  

I would like to know if I could us my solo 401k to cover the deposit, and obtain a mortgage from a bank for the balance.