This "guilty until proven innocent" theme   is based on a misunderstanding of how the burden of proof operates in discrimination cases.You can read about it here if you don't care for my explanationhttp://corporate.findlaw.com/human-resources/race-...otherwise The way the law works is that once the complainant has established a prima facie case that discrimination has occurred - the burden of proof shifts to the Defendant to provide a non-discriminatory explanation for what happened.So all you have to do is come up with a non-discriminatory explanation for what happened. 

I am guessing that they will suggest that you require the Tenant to have:- General Liability (1,000,000/occurance)- Umbrella Liability ($1mm or more)- Professional Liabiity ($1mm or more)- Tenants Legal Liability ($500,000 or $1mm)-  Abuse/Molestation covered under the Liability or as a separate limit)- Business Auto Liability ($1mm)- Workers Compensation & employers Liabiltiy- If they paid to make modifications to the property to be able to operate (ie. ramps, special doors, etc.) they may need Additions & Alterations coverage depending on what your lease says on who owns those.They will probably seek to add requirements that shift the burden of Insurance to the tennant for something that you both get drawn into.  

Reason being, PMI payments could shift your numbers.Should the 2% rule change to a the 1% rule if you have PMI payments?

Is this a reasonable starting (and scalable) strategy, or should I shift my thinking? 

The notion that the grass is always greener on the other side tends to hold true in that those at either end of the spectrum always seem to tend to want to move toward the other end, however the shift in mindset from living a secure life to taking investment risks is a considerable one that many never succeed in making.

That gave us the option of shifting almost all the building coverage to the Unit Owners and minimizing the Condo owned (common elements). 

But happy to hear from the other side.For example, maybe someone who does developments could chime in, but my guess is the numbers on building new affordable housing just aren't compelling, and if policy/markets shift so that it is attractive, you're going to have a lot more BP forum discussions with everyone asking how to get involved (which would be a positive for low income families because supply will go up and rents eventually come down)

I "discovered" REI right before our first son was born and once he was here, it had a paradigm shift on how we looked at almost everything.

I love this thread, because some of the comments are only one step away from announcing a "new paradigm" or a "phase shift" in real estate, where - because of liquidity in the market, new discoveries of uranium in Russia, and theta divided by beta over alpha - it is impossible for real estate ever to down again, so we all must pile in before it's too late and we're priced out forever!!!!

It seems like a slight shift in mindset is needed from my normal Realtor role but not much :D