BUT, when you “accept” business that has low profitability, takes an inordinate amount of time, is outside your area of expertise, or does not add to your reputation for expertise, you’re replacing highly profitable business that does add to your reputation as an expert and leads to more profitable business.

Building Reputation: How did you go about getting your name out there and establishing credibility as a private lender?

IS it worth investing not only 70k, but the brain damage and the time it takes to achieve the desired return.

Update: I just had one of my mini splits leak into an interior wall creating some damage to my awesome 1912 Craftsman.

I 100% think you should add a hot tub even if it just a plug and play one that is reputable.

If it is due to a condition of the property (multiple losses, unrepaired damage, etc.) it will be more difficult to get a regular company to write it. 

It looks like damage to me versus a faulty stove (no damage beyond the glass) and we would not be liable.

I have heard that heat treatment can damage silicone seals in plumbing.

I work with a colleague that used to be a manager type prior to getting into Sales and assured me they are reputable!

If I did own properties in Baltimore, without question I would hire a reputable property manager.