This is a good deal because you can have insurance that is fully paid up with no more premiums. 

Yup, that'll open an artery real fast, I've seen a slew of those last few years and each time people posting "wtf is this???"

They definitely took your premium, but when problems happen they look for technicalities in order not to be responsible. 

@Richard Eilenberger Thank you for posting what you learned. 

I got news for him: the insurance companies are going to refuse to insure -- period -- or are going to charge premiums that would make Elon Musk wince.

I'll also teach you what I know about identifying the ideal property for PadSplit, refinancing, as well as strategies for flipping homes into turnkey PadSplits that command a premium on the market.

In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!

I think I will take both of these directives and try to find a happy medium.Kevin, sounds like you're a bit new to this and while I did not read all the way down I will offer some advice I did not see up to this post of yours.

End units are the "premium" units of course. 

You can never fully delete what you post.