It doesn't take much of an increase for very long of a time to cause a wreck (remember public companies report quarterly).

A personal Liability Umbrella will not cover anything on your rentals, only personal issues, car wreck etc.

Quote from @Kelly Clark: The local government and local activist are dead set against this project..They only have a grub permit..Theres no building permits at all..They also don't have any water or power at all..This is a train wreck.

It was nerve wrecking but so exciting.

Why I will never ever partner again on real estate:1. giving away trust and control 2. their mistakes can wreck my credit, eat cash, cause stress, and put me in danger3. it's easy to steal, short cut, have fake numbers, make lame promises... how do you overcome the list of never ever no way?

It's amazing some of the things they can wreck...The trash removal seems really high.

If you wreck it, have it repaired, but still are leery of the damage, you dont have to own it forever, turn it in and walk away!

After next winter it'll probably become a non issue, or at least a manageable one people don't freak out about anymore.The real question is are we going to try to do hardcore stuff that wrecks the economy to try to keep the infected rate lower (maybe 25% or 30%!)

A bad tenant could cost you a lot of money if they really wreck the place.Mobile homes are more like cars than houses.

The place could be a wreck with rents well above or below the market, requiring substantial rehab and turn-around skills along with the associated capital expenses.