Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

To compound that, consider an FHA 203K renovation loan to add instant equity and higher returns to the property. 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Basically in my view, bigger operations should consider an LLC while smaller scale investors should look for cheaper alternatives like umbrella policies which can protect you up to a $1 million in damages or more.

Lastly, I would consider an Umbrella policy in this situation if you do not have it already

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

The reason I'm posting here is to shed some light on what i consider an opportunity for myself and others who may think alike.

There are bundles of boomers looking to pass off their assets and might consider an owner carry and plenty of local credit unions and banks that are seeking to accommodate a strong cash flowing business with consistent deposits.

Should I even consider an old 4 Plex?