The reason it will continue to be viable into the future is that apartment owners, while they may be sophisticated, are still human, and life is unpredictable.

However, proper budgeting and cash flow management will allow you to arrange the repairs yourself, and save you the cost of administration and profit for the company providing you the warranty.Insurance should really only be used to reduce risks that are unpredictable and financially crippling.

It will produce over time, but is unpredictable in nature."

The message is "take it or leave it" Since the bank has no legal right to market the property and find another buyer they will be left with an unpredictable homeowner who might take the "produce the note", BK, or property destruction avenues to increase the lenders loss and risk in the situation.

Of all the people involved in a transaction they are the most unpredictable. 

Sheriff sales are unpredictable if the house is a tear-down then you should not encounter heavy bidding.

My guess is that most people who have multiple properties across many states would opt to hire a lot of property managers, but I can imagine there would be a lot more unpredictability in that scenario. 

How did he respond to Tyson’s unpredictable nature.Holyfield won.

However, flipping does come with its own risks, particularly if you consider purchasing a foreclosure, which can be unpredictable.

Each situation is different and so in mine, I'll decide to leave a little extra in the deal because its in an area I'm less familiar with, tenant base is somewhat more unpredictable,... thanks for all the responses!