That need could outweigh their desire to protect your best interests.Not saying there investment here is a bad thing, per se, just raising this point so that this one element of the deal doesn’t tip the scale to you investing if you otherwise might not.

I'm curious about the implications of having tenants with horses.Do horses typically cause damage to fences or buildings?

Would just remind them that they will be fined if another tenant complains and they will be held responsible for any costs to treat smoke damage when they move out.

I don't know what kind of insurance you have but it must be pretty lousy if you only have $4k worth of water damage protection.

Umbrella insurance provides an additional layer of security to those who are at risk of being sued for damages.

Look out for any signs of water damage or structural issues too.

At least with properly designed cash value life insurance you should be able to pull out after-tax dollars, so the tax element there is fairly straightforward.Just my two cents.

I find that going through the traditional eviction process can take anywhere between 30-45 days till then they will not only get plenty of time to stay but also burn lots and lots of my $$ and might even cause damage to furnished place that I shall give them.

Well not literally, because all of that is handled online as well, which takes out the human element again.

Immediate body harm, life injury, and or property damage was a high risk.