Warranty for investment properties

[Santhosh Ramani]

Hi Folks-

I'm about ~1.5 years into passive real-estate investing (mostly purchased rehabbed homes); I currently own a few cash flowing properties in the likes of Memphis & Little rock. It was a relatively smooth start, but the homes seem to have major repairs (Such as drainage issue, kitchen tiling etc). All these expenses easily eat away the gains I accumulated over time

Wondering if other members typically purchase a home warranty of sorts to minimize these expenses? IF yes, what are some good providers who might have relatively inexpensive ones. Further, are there blanket policies (like an umbrella insurance) where they cover multiple properties at a subsidized price.

Seeking wisdom from the forum!

Thanks,

Santhosh