If successful they retain up to 40% of the recovery as their fee.

If you have lower limits on your underlying policy and your retained exposure under the umbrella is greater than that, then you end up with a layer of exposure with no coverage.For example, you have a $500,000 underlying liability policy (homeowners, for the sake of simplicity) and you retain $1,000,000 under your umbrella.

We also model the profitability and hold period of each property based solely on cashflow - we assume no appreciation in value (which, when you consider inflation, actually works out to depreciation) and that the property will be disposed at the same price (or perhaps 5% less) than its capital cost.While this approach seems to be far too conservative in the eyes of other local investors, I would rather treat any gain on disposition as a windfall and retain the ability to profitably sell properties below future FMV if we need to dispose at an in-opportune time in the cycle.

It's often too easy to focus on getting new customers/renters versus retaining and thanking the current ones.

They are faster and I retain more content.

I would retain an attorney in Colorado to take a look at this for you.

Keep a handy man on call or on retainer, and build that in to your numbers.I find it hilarious the people that live in the suburbs despise the city and vice versa.

With regard to the mobile home part, parks often require you to retain the home as your primary residence.

Not everyone has the resources needed to retain an attorney by paying the court filing fees, referee, pub and bond fees (if any), etc.

I want to start wholesaling properties followed by rehab and then retain some rental properties.