Realtors have companies and insurance to cover lawsuits.

Utica National Insurance Group is the one going for $1300.

- Always pay for title insurance!

Most of the time, you're not doing anyone any favors by keeping rents too low - you're running a business and taxes / insurance / HOA / Maintenance are likely to continue to increase.

What is a storm rips through and trashes the roof, BUT the condo project does not have enough insurance coverage to fix it, the value of the all the units in the project just went down. or, even if they are able to fix it but  the coverage premium doubles so the HOA has to double the monthly HOA dues but half the complex can not afford it? 

We also assist with tenant placement for insurance claims that we cannot fill in our own properties as well as beginning to cohost for some MTRs as well.

Talk to your insurance provider to see if this qualifies for a claim.

I’m almost hoping she rejects my offer because it’s so complicated, but it kinda seems like it could be a win win.We pay $2600/monthI’d offer her $3k/month ($600k @5% 30year amortization) plus I handle taxes and insurance.

My husband and I both work stable W-2 jobs (he’s in trucking), and our goal is to eventually transition to real estate full-time.

Make sure you get the right property insurance policy.