Quote from @Stacie Telles: Hello all, I inherited a duplex fully paid off.

(many many we see do not have any damage at all) Those independent adjusters make more $ that way, and the Roofing salesmen know it. 

It is all about having the right strategy. 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Let’s talk strategies to help all of us keep more of our hard-earned money!

We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.

Half of all marraiges end in divorce and no one goes into a marraige thinging that they will get divorced from the love of their life...the same is true for business partnerships.

Other than lowering premium, why would you put all the rentals in one policy?

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

I have this issue with Buildium for all the online rent payments received through their payment app.