IRS definition of a dependent.To claim a child as a dependent, the child must be under 19 or under 24 if a student.

After 10 months I cannot claim to be much of an expert on syndication but here’s what I did.

Claims" are an insurance matter.

Second, what priority does your lender's claim to rents have? 

A lot of agents will claim to be great with investors, and not have a clue what the property would actually rent for. 

We use the POA to allow for signing escrow refunds and claim checks.A couple other notes. 

In the event of damage to the product, you file your claim through them (take pics and submit).

Any property that has a claim will be tough to get through escrow.  

And remember, the Federal Trade Commission warns against pay up front loans:  https://www.consumer.ftc.gov/a...Lendbase is able to skirt around this by claiming that they are just a "broker" and not the actual lender.  

I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.