As your probably aware I was one of the first HML into the space early 2000.. so I dealt with a lot of the guys that never made it through.. or were pump and dump outfits.And I can categorically say that this version of TK operators post about 2010.. are night and day more efficient transparent etc than there predecessors who as you state are gone or slightly underground.Were I see some disconnect or negative feedback on TK when it relates to BP is generally someone who has bought through a buying service and the buying service did not really Vette the provider well enough.. we saw that with one company and a Birmingham incident..

Consider the perils of risk, trying to hold cash to cover every incident would be a foolish use of funds. 

The only question is that of capex/repairs - is $200/mo ($2400/yr) enough in the case of a major repair or other type of incident?

I'm still learning myself every time some new and interesting incident happens.

Combine that with cities using technology that can reliably pinpoint gunshots to within a few feet tend to, again statistically, have higher crime incidents (discharging firearms) reported.

In our neighborhood, one area has 22 incidents.  

The deductible is $1,500 and liability coverages, etc. are $2M total, $1M per incident.

I backed up and in the whole incident he bumped me and there were witnesses.  

Additionally, I would suggest that if you do allow pets that your pet clause include things such as; 1) the tenant is responsible for all actions regarding their pets and that you are unaccountable for all incidents regarding such ; 2) all vaccinations must be up do date; 3) Pets must have been vaccinated for rabies; 4) pet must not display aggressive behavior; 5) tenant must still reimburse you for all damages cause by their pets. ------------ Lastly, we encourage our tenants with pets to bring them to the showing or lease signing so that we can meet the pet and verify its temperament.  

What will be impact another incidence in the property .3.