The more novice investors are worried about losing everything if a tenant or someone gets injured on their rental property.

., they are not on the WC or covered by their insurance if injured.

That lawsuit is a claim for fraud, and that’s what fraud typically is... a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

If someone got injured due to a problem at your property you would want to have insurance that would cover it, right?

I feel that our builder is all BS but I do not want to injure our relationship because he will be the one building our house.

For example, if you or your significant other are injured and off of work for a while (happened to my wife), and haven't sold your flip house and have extra expenses on these new rentals, then what? 

I was just reading yesterday that as far as fatalities and injuries on construction jobs, Roofers are #1, I think followed by concrete workers that are injured when ditches aren't shored up and they have a cave in.

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

Of course the injured person never pursued the tenant once they found that out. 

If you have a hack repair done to an electric panel, know about issues while taking no action and the house catches fire and people are injured or die.