That solely depends on what your investment criteria are and what your risk tolerance is.  

No tolerance for anything other than "Fremonters".

To each his own tolerance to risk for their investments🤙🏽😁

what is your tolerance for debt/risk?

@Jeff Bisgier It depends on your risk tolerance.

It really depends on your long term goals, your own personal risk tolerance, personal management tolerance etc. 

If the claim is covered, the insurance company pays for the defense of the claim against you which allows you to sleep at night.Far better for the real estate investor to educate themselves and learn to assess and understand their tolerance for risk and how and what activities create risk for them before embarking on an asset protection plan.

Know your market, your property, your tolerances and your exit points.  

I also make it clear that ignoring me will not be tolerated.

"Pet rent" is a little more grey - the Residential Tenancies Act does appear to preclude such additional rent amounts, but the practice is widespread and, thus-far, the authorities appear to tolerate it.We only allow pets in select buildings: either ones where we have inherited pets and have yet to perform any substantial retrofit or where the building was renovated with pets in-mind.