I disagree that this person is crazy (though it's fair to say fundamentally misunderstanding the situation.)  

And this is an incredibly important concept that so many people misunderstand, and even get backwards. 

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.

I believe you may be misunderstanding me.

One of the biggest concerns (or misunderstandings) I have holding me back is the argument over whether to carry long-term mortgages on rental properties or paying them down ASAP.

@Scott Trench It would be great to hear your thoughts on this to make sure I didn't misunderstand things.

I’d double check with your tax preparer to make sure you didn’t just misunderstand the first time around.If he’s still saying the same thing, I’d highly recommend getting a different tax preparer.

If this were your money only that would be different but given the fact that you are using other people’s money you should get multiple bids and hire and manage professional contractors so there are no potential conflicts of interest or misunderstandings in regards to costs, time frames, mistakes etc. 

@Allison Anderson I apologize for the misunderstanding.