Question is where are you looking to buy? 

If you’ve been keeping an eye on the real estate market, you might be feeling a little unsure about whether now is the right time to invest. Interest rates have been rising, and economic uncertainty is making a lot of...

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

Sewer line backup, ordinance & law, and replacement cost coverage are coverages I include. 

This means it can be very profitable if you buy at the right time, but can be brutal if you buy at a peak.

Do you save three months of vacancy for each unit and $50,000 for the roof replacement?

Buying My First RentalI was 24, being mentored by Dave for two years and I was ready to jump into real estate investing for myself.

Investment Info:Mobile home buy & hold investment.

If it all checks out OK, they could just replace that section, mud, tape and paint and it'll only cost you a few hundred bucks rather than filing a claim with your insurance.  

Your property is fairly destruction proof, costs near nothing to maintain, yet you can charge above market rents.If your property is nicer (class B) where the carpet alone might be $6k or more to replace when the tenant spills hair dye everywhere, you won't be as happy as in the situation above.