These properties are nearly 100 years old, so they have already withstood probably thousands of minor quakes, so you're basically insuring against a catastrophic total loss due to an earthquake which is an EXTREMELY rare event, even with the New Madrid fault and all that.

The difference in a good and bad manager is not $40 / month, it's thousands of dollars to your investment (don't get me started on property preservation and related catastrophic events like tenant-related fires without coverage). 

We need a huge discount to assume that kind of risk.. even if it's a small chance, the consequences would be catastrophic.

I double checked again with my insurence agent and with these claims being that in are area it was classified and listed as a catastrophic loss for wind storm.

i almost did. i had a roof leak and shingles were bad. i called them and they said my deductible was $2500 and it would have cost much less to fix. so i didn't do it. to be honest, i dont like a deductible that high. it means that besides a catastrophic incident, i'd not file a claim for anything else. even a burned kitchen might not be worth it.the other thing i didn't like is that it took a few calls to understand what the process is. i had to talk to the manager since i was not getting a call back from the agent i had worked with.

You're not in a position right now to take on any extra debt, because if something catastrophic were to happen you'd have nothing to fall back on.My advice...get a degree in something you enjoy that pays well.

I also have a $175,000 line of credit at the ready if something catastrophic happened.

It's for the big, catastrophic occurrences.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

I find often when I complete the first task it gives me power, drive and energy to keep the momentum going.As the captain of your life you create the conditions that will advance your position amidst even the most catastrophic storm.This framework is magic because victory is clearly defined, executing on this you can’t have a losing day.