We’ve had AC units stolen, the tenants themselves stealing the appliances as they moved out; the tenants not paying for their own water and hooking up to someone else’s water with a garden hose to ‘reverse power’ their plumbing… not realizing that with their water meter removed the water was then flooding the front of their property.  

My realtor had an AC condenser stolen in the neighborhood. 

What if there are multiple break ins and tools are stolen?

Early on in our business, we had money stolen from us from two different note sellers that we were in the process of doing trades with wherein we provided the capital and they did provide the product as promised.

I may invest the excess in my Blockfi account since I can earn up to 8.6% APY and that interest rewards pays out in bitcoin ;)

Say, you put $10,000 on a $50,000 house in the Midwest and you learn that you need a new roof and furnace and that the tenant has stolen all of the copper piping before vacating the property in the middle of night. 

I'm at an age where I want to avoid excess risk (I realize that's different for everyone) so putting money into Bitcoin or similar is not happening.

There are a lot of ways to manage out-of-market/state properties; the PM model may not be the most efficient.in many areas air conditioners are stolen at frightening regularity..  

Not unless you're speckling the floor with gold and bitcoin speckles.Adding a 2 car garage immediately increases any property value and having the ADU will provide income to offset any mortgage.

They can make this claim because it’s obvious the items were stolen and they don’t need a court to decide.