They were selling drugs inside of the property and had some questionable characters in and out.

So her last two LLs have been financially screwed by this character, and she knows I know this, but she still pulled this stunt in her first month (and is willing to swear on a stack of Bibles that IT WILL NEVER HAPPEN AGAIN).When we get started on talking about the landlord-tenant relationship here on BiggerPockets, we usually tend to compare it to other business relationships, usually the relationship between client and service provider.

We didn't know how much we would like living in it, until a few months had past.You are trading character for some modern conveniences, though.

Personally, I like old windows over new: they have more character and with a good set of storm windows are nearly as good, and proven to last longer than most cheap vinyl replacements.

It took me 13....14 months to get my first deal......now, at the same time i didnt use ANY systems......my marketing was handwrittern yellow lettters......and i used code violations list which was free......eventually i got a partner because i was working at the time......and boom.....first deal was 1K, split 50/50......that 500 wasnt much........HOWEVER, I ONLY HAD 500 invested into my whole business......i tell people, starting out not to invest in the systems and cold callers out the gate......you start doing that.....it builds character and stuff learning how to struggle from the bottom will only help you appreciate the cold callers and the paid lists and the courses etc......Keep pushing though!

Because that is certainly what would happen, considering her history.That long story really wasn't pertinent to the conversation but, since you made such negative assumptions about my character over a situation you know nothing about...there ya go.

Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding cost Increases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, Wrongful entry, etc.

She also proceeded to speak negatively of my character and demeanor. 

These buildings are 100+years....lot's of character, plaster, some knob and tube (which I stay away from). 

It was a home with a lot of character, that I knew would scare away the average investor.