Did anyone see Schiller on tv last night advising home owners to stay put in their homes and if they own two or three-selling so not to have so much "exposure".

They offer many options to increasing exposure.

Assuming the 50% rule is true because renters will vacate and some will go ape sh** and I will have to pay a lawyer for services, etc, I can still get a tax write off for that but I wonder if someone can briefly outline the overall tax benefits of owning a rental.I think I am being very cautious because debt exposure is low.

Wait until you hear your tenant say "My daughter's a doctor and she made me start bat shots because of possible exposure to the bats" .

Attend some local real estate groups in order to obtain local information and get the necessary exposure.

This would give you a low risk opportunity to gain operational experience, upside exposure if things go well and a capped downside scenario.

I'm new to the game and would like to have someone to consult with on wholesaling properties.Planning on sending out some mailers to small multi-family properties in the next two to three weeks; I'm more than willing to split assignment fees on any contracts, just want to get some real world exposure and feedback from someone with experience.Please reply or PM if interested.

Was the property marketed for sale, if so what were the issues as to time and exposure to the market at the asking price?

Once you throw in debt services and higher turn over rate in 1 bedroom units, not to mention you have lots of cap ex exposure based in your description you could get really tight.

So, what coverage you carry should be held confidentially, telling the world what your coverage is is like holding up a sign saying sue me, "I'm good for it".Your coverage is to the types of exposure you have, the chances of loss and size of losses for different events can be very different from one area to another.