Lead is serious, little kids will eat the paint chips, because they have a sweet taste and it will cause irreversible damage to their brain.I have not dealt with this personally, because we replace windows as part of our standard renovation, but I would definitly check with the city and see if they have grants available to assist you.

I am just now dipping into the real estate investment world after facing the possibility of having to retire due to injury as a Paramedic/Firefighter.

I am just now dipping into the real estate investment world after facing the possibility of having to retire due to injury as a Paramedic/Firefighter.

2) If a tenant slips and falls because of ice on the property, am I liable for their injuries?

You are exposing yourself to a tenant that could report you to the city, if there is an injury in the fifth unit you have exposure, and if the lender found out it could be an issue.  

We're already seeing irreversible trends (for a few years at least) in NYC from folks fleeing the city to go into CT suburbia. 

Personal Liability: For claims due to Bodily Injury or Property Damage that you becomeLiable for and which is covered under the policy.

Personal injury delayed projects by a year but having a tenant made the househack time worth it.

The policy from the Mortgagee (called Forced Placed Coverage) may only cover the Mortgagee's interest      - may not include Liability or may not insure you     - may only cover to the amount of the mortgage     - probably will not cover your contents      - probably will not cover loss of rents      - probably does not coverage Personal Injury (libel, slander, wrongful entry, etc...)You should see if you can get answers to the above before you go the route of lapsing the coverage.

Liability covers Bodily  Injury and Property Damage, excludes things like disagreements, Discrimination, etc.