Non paying tenants(as a newbie I did no screening), dead tenants, Silly fines from the city for nothing, attempted robberies where I ended up with the cops pulled guns on me. 30 recently released convicts as neighbors for a while, a jacked up 7' tall transvestite call girl/drug dealer was my least favorite neighbor.

It is a matter of time for Grocapitus to get fined or get shut down. or He may rebrand once more or try to hide behind someone else. he does not do the underwriting, just the power point. 

Umbrella policy is fine.

I agree with some investors here, in Detroit you have plenty of opportunities to get decent cashflow now.Just use any Zillow like tool that sort listings by LTR cap rate, I use findvest.io they have decent vision AI filters to filter trash houses compared to mashvisor 26 doors and scalingJust make sure to copy and paste the addresses on spotcrime and don't buy in a warzone, and you should be fine.

It was challenging to start.My realtor was not on my side and I trusted her to much, she said the house was fine, her husband did inspections and said it was fine and not to worry, the ARV was double the house value.

You buy it and now go to look at your beachfront and see a dumpsite of shingles or tires, that will cost you more than the lot is worth to clear out and maybe have the EPA just waiting for someone like you to jump on with fines for the cleanup. 

But if your plan is to rent the mobile homes out you should be fine with one lot. 

In the northern ca fires a few years back it was downed power lines.. and PGE got massive fines for that..

Worried about costs, how about we add a $100k per person fine for such? 

fine with me - on to the next one.