A small chip in the bathtub and that’s a fail, window doesn’t open good enough that’s a fail, bedroom door lock doesn’t lock properly that’s a fail.

Very little land available for proper zoning or pricing.Realtor/Owner of property offered to us at $900,000. 

As a triple net lease tenant the property will get cleaned weekly, while making sure the property is properly maintained.

Plus 90% of repairs can be put on a credit card.  

As long as you give the proper notice to the tenants, you should be fine. 

One hurricane, one downturn, one localized series of job losses, and the house of cards falls. 

Bottom line screen your tenants fairly and properly 

Tell them it's mandatory.Make sure you are named as additional insured to protect your interests but also if they let the policy lapse you will get a little post card in the mail from Lexus Nexus or a similar company saying the policy is lapsed or canceled.For those that allow pets - have them get a renters policy that does not have a dog bite or dog breed exclusion.

Post cards are not necessarily cheap.

Will they find the property send you a contact and then a thank you card or will they provide resources for tenant improvements, get tenants, stabilize the units, plan for the exit etc...