I label where the water shut off is (had an incident where water was exploding due to an accident and tenant didnt know how to shut off water lol i guess most ppl dont know this).

Some of those reasons are: Continued consistent population growth, which translates into a large amount of wealth moving in, the still relatively affordable median home price, high job migration, no state income tax, relatively reasonable property taxes, business friendly.There are also some reasons to be cautious, like increasing insurance costs, threat of weather incidences, the cash flow returns have decreased due to the significant increase in prices over the past few years. 

I’m 80% convinced to sell but that other 20% has me running numbers all day that make sense... until that unknown catastrophic incident were to happen…So, as my only post on BP…I seek your guidance. 

One tenant leaves in a month and the other lease expires in June so I will make sure to have it in all leases moving forward.Going to research how to get an additional grinder tied to one unit before it reaches the communal tank to isolate the incident. 

For example, I've had to move a guest before because of a flooding incident in my basement.

Due to a tragic incident, the original owner-builders were not able to complete the project and the home has been sitting vacant since.

The landlord policy covers damage to the property and liability - but read the policy and make sure you understand what it will cover specifically.We also have an umbrella policy that covers things that aren't covered by other insurance or incidents that exceed other coverage.

I bought insurance a day after the incident so my insurance company couldn't do anything with it.

One bad incident can wipe out your profits and put you in the red, and from the sounds of it, you're not going to have property appreciation to fall back on.I hope this gives you something to consider!

I was told that officially no busts/incidents/police reports involving the property in question exist.