Also am I liable if the limb falls and causes property damage during a storm?

I have since negotiated the down payment down to 15% at the same low interest rate so barring any major storm damage in the next couple of years I should have a good equity position once the light rehab is complete and won’t have an issue refinancing out.

Unfortunately, last year the tenant failed to pay rent for a while which led to an eviction and the property was found to be significantly damaged -- water damage, fixtures damaged, etc..

It’s the residents who were crowded out and forced to improperly park because you are running a business in a residential area who would get the ticket. as for noise complaints, the cops coming after the noise has started is after the damage is done.

I am a relatively new landlord and I’m trying to figure out the requirements if we needed to file a judgement against a tenant for excessive damages to our property.

Here is the answer to your question:  https://www.biggerpockets.com/forums/51/topics/998718-explai...Short version: CPA service is not a commodity like an oil change, and even oil change can be messed up or damage your car.

The cost to sue someone is 1,000x more than the damage that could potentially come from a kid sticking their hand on this thing.

We had a fire/landlord policy with Norfolk and Dedham insurance, however after my last tenant and last property manager allowed my property to get into a state of severe disrepair, including water damage from a dishwasher/septic backup, which was never remediated, my insurer dropped me from coverage as a "bad risk" (we had made a claim for the water damage by the tenant).

They are damaging the property by smoking inside.4.

If you falsely tell the tenant you are moving in a family member, and then list the property for sale you could be subject to owing the tenant 3 times your rent amount, plus legal fees and damages.