Remember the lowest price is not always the best when it comes to insurance!

Hello,I have a potential tenant that is part of a Community Living Program and I am looking for other peoples experiences dealing with these types of tenants.So the tenant had a traumatic injury and now their insurance pays out a set amount each month to cover their living expenses.

I've researched local markets and don't think Ill have any issues finding a renter at about a 10% return after taxes and insurance. 

He said the borrower called and a tree fell on the roof and needed to file an insurance claim so wanted to file it against our insurance.2.

Taxes and Insurance at 350 month.

A lot of these numbers of what I have pulled from the real estate listing, and inquiring on property management/landlord insurance rates.I am not looking to make a fortune overnight and realize this would be a slow return on investment/passive income.

Given this is where my major operating expenses fell (beyond taxes and insurance), keeping this cost lower, by average, helps my cash flow.I invest in older neighborhoods, so the 2-4 unit properties, typically have single water meter, maybe single electric, and many have radiator heat with a single boiler.  

They see a horse stable business. 

Are you looking specifically for insurance placement companies or corporate housing or a mix?

You will have income (rent), but then you'll have expenses: taxes, insurance, repairs, turnaround cleanup, eviction/attorney costs, vacancy factor etc.