Are Home Warranties Worth It?

[Chase Parks]

In the middle of closing on my first rental property and have a question about home warranties. With the market being so hot we waived the home inspection as a contingency. It’s a newer home about 11 years old and from my real estate agents walk through everything looks sound. I’m wondering however if it would be worth it to get a home warranty for a year in case anything pops up that would have been caught in the inspection. I’ve read some of the cons out there about home warranties being a hassle to work with but curious if anyone’s had any success or not out there. Thanks in advance!