These are people who have been burned badly by the economy.

My one concern is that the stress of managing the tenants or worrying about burning out and losing intereste/desire.

So, if lightning strikes and burns the entire complex down, the Master Condo policy should rebuild the building, your "Fire" policy should finish the interior of your unit (new paint, flooring, cabinets, appliances, etc.) and possibly even cover your lost rent while the premises are uninhabitable, and your tenant's "Renter's" policy should replace their flat-panel TV, sofa, bed, clothing, laptop, etc.Does the policy get taken out to the LLC or us as individuals?

Many of the same players got burned in the foreclosure market and rental market back in 2008.

In my city "Burn outs" require Contractors and Contractors require Permits and Permits cost Money.

Sudan, Yemen, Tunisia, Lebanon, Morrocco and supposedly American and Israeli flags are being burned in London.

The stove might have pilot lights that will burn gas.

It may work for them, but unless you have money to burn I would caution you to stick with your local market.

Too many lenders have been burned too many times.Even for new landlord, rental income won't be counted for purposes of determining your DTI until it shows up on two tax returns.Can you just sell the condo?

There were burn marks noticeable and the meter box was pried open.Tenant admitted she had someone do it for her, still had the meter, but it had been tampered with, as well.