Hey all - for those who haven't heard yet, tonight we'll be having another of the famous BiggerPockets Webinars! 

Does it behave well?

This means that unless you've owned such properties for that long, you really cannot have a fair representation of how they will behave over time.  

So if push ever comes to shove I always want to be able to say:  Your Honor;  my hands are clean in this matter - I behaved in the manner of a Reasonable Man.stephen-------------Originally posted by @Val Csontos:       I believe this a topic worth talking about, since most insurance policy do exclude this from their liability clauses.

Q5: That was my other concern in seeing what type of tenants I will be having.

The one problem I seem to be having is decided whether to start out from owner-occupied multi-family (triplex seems to be what I can comfortably afford if I have extended vacancies) or out-of-state investing (with thorough due diligence).

Someone will likely be able to give a better answer than I can, but I have seen Wells Fargo behaving odd lately in regards to financing multifamily properties in Orange County.

Prices go up, prices go down (but mostly up) ... so long as 1)the rental is behaving as expected in terms of cash flow AND 2)you have enough margin in positive cash flow and equity to have staying power, then I would hold onto it and stop worrying so much about prices.

Having no money, living paycheck to paycheck, would a scary, terrible place to be. Having

Finally, rents are quite localized, with markets behaving quite differently than one another, sometimes.