you need a vandalism rider.. and if it was a tenant.. then the insurance company will usually deny tenant abuse claims.. but if it was kids or something like that then your Vandilism rider should cover you.I did have one tenant of mine do so much damage my company covered it and went after the tenant criminally.. not sure on what charge but it was a 45k claim on a 110k house and it was only 3 years old. 

But I can imagine a few scenarios in which the LLC can be useful for @Jeff Howard:- Jeff's umbrella carrier denies his claim for whatever reason.- Jeff gets sued personally for something unrelated to his real estate business.  

Second public records are accessible to the general public and you cannot be denied that information.

Mortgage company denied me saying there is an issue with the 2 hour distance, even though there are no Federal guidelines for distance from home to employment.  

If you purchase other homes and it reflects on credit just be advised the servicer or investor may deny you for a short sale on that basis.

Had a change of heart the day after closing" is held up as the classic example of clear-cut unambiguous felonious mortgage fraud, when they train us.It's never happened to one of my people, but other BP members have posted that mortgage loan underwriters have discovered self-incriminating posts, like the OP, via Google, and denied mortgage loans as a result. 

P&L by the current owner is not a reason to pass up a good deal, because your numbers should already confirm or deny whether it is a good deal.

Hi Denis, first and foremost, I am a very big proponent of hiring a good management company.

He told me that it is actually illegal for local bank to deny a loan to an owner-occupant because it is for too little.  

It seems guidlines have changed and anytime I create an ad I get denied saying I need to verify Im in compliance?