Miami just had the biggest rain event in history without wind damages.

@Eric Gerakos Google “how to block someone on CashApp/Venmo”.

or put that in your signature block =)

I’ve dealt with water issues before including using water damage and remediation companies.

Jack MillerProbably but there is also a significant risk because these borrowers typically do not qualify for conventional financing so the default rate jumps from what is on average 3-5 % to well over 10%.Let’s say you get an extra $10 or $20k, I have seen borrowers do a lot more damage than that to a property as well.

They have straightforward eviction processes, no limits on how high rent can go, and not many rules on money kept for damage or how long someone can rent.

Again 20-30% is fair.I have an almost 100 year apartment building where I pay some of the utilities. 60% is a fair estimate and it's often more than that.I have a couple of older houses in 'bad areas' where the tenants regularly trash the property causing thousands of dollars in damage and move out in the middle of the night.

I have three homes within two blocks of this home.

"Blocking the market" only occurs in the commerical insurance world - not personal lines.2.

All damage that has been done to our place has been done by AirBNB guest.