I like your post and you obviously know Chicago but a lot of what you are saying is just plain wrong.

If you are just a plain person they usually must serve you in person. 

If they’re violating the management agreement, state your case plainly and try to work it out.

As long as you have the insurance liability, property and flood if you are in a flood plain.

Insurance protects your property from paying out of pocket for damage, plain and simple.

Quote from @Rhett Tullis: Quote from @Russell Brazil:  yep that does it, we lost our home in 99 in an f5 when I was younger,  no close calls recently in OKC though,  also seems like tornado alley has shifted a bit to the east but who knows.I actually have heard of this in my research, that tornado alley is (slowly) shifting away from the Great Plains and into more of the Midwest—although I haven’t seen the underlying data to verify this myself. 

Many times they just do plain vanilla lending.

Perfect for today’s market.Speed of Approval: He was aproved and had access to funds within two weeks, which gave him the edge to close on a high-potential property.Clear Communication: The team explained everything in plain English.

plain vanilla LTRs are still great. 

And considering I think a person who puts in plain black and white that integrity and character of the operator are key -- and then does something underhanded and incompetent is just mind-boggling to consider -- so I'm only left with a negative feeling about the documents these darned attorneys dream up!