Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

This fire, these homes, these people, hard pressed to find anyone getting anything less than 7 figures, significant 7 figures.

How did you find this deal and how did you negotiate it?

For this reason, I find it surprising that you would question my knowledge of the region without knowing me.

The concept is just the same.But seriously you don't need AI to do flips lol, this is not the right segment (to find flips) with AI.

I'm a pretty big advocate for the south side of chicago where you can find properties half that value and cashflow really really well in turnkey condition. 

I’ve always felt that if I find a property in an area where "I’d want to live," is usually a good sign, but I’m curious how you go about underwriting a deal.I’m in Phoenix, and I’ve been looking at the surrounding cities too.

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.

Determining the cost on something like this is only something you'll be able to find out by talking to the city.

I have not purchased property via their platform but I'd also note it's few and far between to try to find any deals that pencil in the current environment.  4-5 years ago one could find good cash flow with SFR properties.