We have found the amount of work with bank accounts, taxes etc is not worth the money as the risk is so minimal.

May or may not be a CPA or EA, most likely they are seasonal, most likely you'll never talk to them again if you have an issue, you'll get someone else, most likely you will receive minimal to no advice on any kind of strategy, and definitely no follow up.If you are getting good service from a knowledgeable professional, $1,200 is likely a good deal. 

the cost of the higher limits is minimal compared to the higher protection it provides the tenant (and indirectly to you).

It helps you get into real estate with minimal down and allows you to reduce your living expenses.

There will be significant cost and time involved, hence the alternative, pre-emptive steps outlined.Focus on loss minimization rather than an emotional response.Best of Luck -

But if you decide one day that you want to reduce down to 2 roommates having a floor plan with a separate entrance or something with a separate living room that you can minimize common spaces you may be able to live with that arangement more comfortably for longer. 

One of the two has minimal debt but the other has a mortgage on a rental property that her family manages.

By spreading the risk across multiple parties, you can minimize the impact of any individual investment setbacks.Expanded Network: Partnering provides access to a broader network of contacts, which can lead to new opportunities and potential deals.

We do our best to minimize the impact of the negative through education and regulation. 

Otherwise, picking an option that requires minimal renovation would be great for the VA loan. 2.