Warranties often have limitations, like they might not cover pre-existing issues, and there could be delays if they require you to use their contractors.I'm not sure if you've purchased a warranty already, but before purchasing a warranty, it’s a good idea to carefully read the fine print to see what’s covered and if there are any exclusions.

I work almost exclusively with investors and a lot of times, out-of-state investors.

Myself, I've made millions with Section 8 properties, but every day you need to suit up for battle to deal with tenants who have no sense of adult responsibility.

Our team works exclusively with out-of-town investors and have the support program in place to help build a strong portfolio.

Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status &  maintain appropriate licensing and permits.

In both cases, having a property manager who can adapt to the specific needs of each asset type is essential.I believe that the best property managers understand that profitability and customer experience are not mutually exclusive—when both are done well, everyone benefits.Thanks for bringing up this great discussion!

So things like, xbox/playstation ping pong for the kids maybe a turf strip to play some putt-putt for the adults etc...

Any healthy adult with an average IQ is capable of paying off $10,000 in debt and saving at least $30,000 in two years.

@Angelo LlamasAt the bare minimum, you should do the following to make your bookkeeping easier:- Dedicate one checking account and credit card exclusively to real estate.

If the money is not held according to local landlord tenant law and/or was was spent (either intentionally or unintentionally), that act would be treated as an exclusion no different than under any other insurance policy.