So measure you risk,  and do it.

Actual money, measured in dollars.

Although it does reduce the premium slightly for that particular rating factor, it is not optional on the part of the HOA as an intentional cost saving measure.  

After discussing, the plumber took longer because they weren't provided measurements or good detail of what the problem was.

I really can't say what my average return was because over the decades I didn't keep track, it's not a relevant measurement.

Yet, the prices are far higher (even relative to income and other factors) than places like the midwest where RE ownership is much more spread out.Bitcoin's volatility is decreasing significantly over time, it's not debatable volatility is accurately measurable for any financial asset.

If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.

Either drill well, measure neighbors or get letter from well driller. .     

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

Hi investors,Would greatly appreciate your advice on how to measure if there's enough rental demand in a town.