7) Home Insurance: make sure you understand what is and is not covered.

It does look like our instructor (I couldn't clearly make it out b/c I can't find an enhanced picture anywhere). 

He  painted a picture of them riding in and saving the day..

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.  

Or we print xxxxx dollars to cover our interest and debt payments.  

They can get a loan from the solar company, but would prefer a HELOAN or HELOC to cover the solar and consolidate.

Good luck and best wishes and post pictures of your success in a year or two.  

I charge a really high fee and require the tenant to carry bite insurance.Inspections are done on a schedule and always recorded with pictures and/or video.

They will sometimes cover some of the damage with lots of back and forth.Look into companies like Waivo and Safely.

That being said there are those that are willing to accept buying in an appreciating area where the rent only covers the mortgage (PITI).