Take that and multiply it by every part of a property that can be damaged and you see why the insurance companies are losing so much money.To put it in perspective if the mortgage industry was losing money like this no one would be able to get a mortgage - period end of story.

After 25 years in the bed and breakfast industry living amongst my guests I found that setting expectations and ground rules can be a game changer in keeping the harmonious relationship between you and your tenants.

For me the biggest issue I learned was that after owning rentals if you do want to exit and you want to say sell to a retail client ( owner occ) which generally will pay the most for a SFR asset if its in a decent school district.

With extensive experience in the construction industry and as the owner of A+ Professional Painting LLC.

You are compensated for taking that risk by getting to pay less than retail for the property.  

I personally don't want to use them again mainly because of the lack of communication  ya I watched the video you can tell industry knowledge and experience no doubt.. but unique lender not so sure about that..

I don't think the sub-type of asset class matters, ie multi-family/industrial/data center/SFR/MHParks etc.

Thanks Drew, will do - though without direct experience, I'm hoping the skills I have gained in the finance industry along with having gone through the process to obtain a real estate license will be considered. 

Either they did not do their homework right (appraisal comes in lower than their estimate, insurance/taxes are higher than their estimate, property did not have clear title, and/or the property has deferred maintenance) or they are shopping without having any experience in the industry. 

Any tips for me or any best practices from fellow investors whose been in this industry for a while now?