If you have claims it may be your only choice.

The tenant doesn't pay and claims they want to use the deposit.

It is intended to give the world notice of the buyer’s claim and cloud the title.

Cost me 15 months rent by the time the drama ended with an eviction.The latest experience I had (just last year) involved a tenant claiming that he had job issues.

If you don't plan on filing a claim unless its at least 5k, why pay a premium for a smaller deductible?

She states she is unable to afford the medical premiums and thus wants to make a claim through my home owner's insurance.

They also claim that their property management fee is 10%, which is true as long as the unit is occupied, but if you factor in the first month rent payment for placing a tenant and a 5% vacancy rate (about once every two years) then the property management fee is closer to 15%. 

All the big wins on social media and the podcasts certainly set an unrealistic expectation.  

These properties have no claims and are not in a risk area.

I was looking at one property that the realtor claimed to have a 24% commission to sell.