I would also ask about your area specifically about how it is covered.

My wife has a friend/acquaintence/mentor that was working closely with him to promote his thang and simulataneously promote her thang.

After deducting your payoff, you've only got a little left over which would go toward covering refi costs (and you'd likely come up a bit short).

From my understanding, insurance won’t cover a dead tree falling as this is a result of “neglect” but would my current dwellings insurance cover it under personal liability?

I recently flew to hawaii from AMEX Platinum Points but it was just because I did the opening card promotion minimum amount and got a ton of points.

I don’t believe a tenant can stay forever, and I can cover the extra payments and lawyer fees for up to two years for the tenant who will be harder to remove.

That way if you have vacancy in one unit, you still have the other that can at least cover some or all of your expenses. 

All said, you will find many folks within these forums that are strong promoters of self-directed IRAs.

If it wasn't, then you should consider covering the cost until you can correct it in your next lease.

If the deposit does not cover the charges, then you should consider whether you want to pursue collecting the unpaid balance or write it off.You did the right thing, and the tenant's behavior proves you were right.