The majority thing about insurance is to protect the HOA from being sued and to protect HOA board members also. 

Quote from @Josh Ball: Quote from @Jonathan Greene: Smokers aren't a protected class, but they could argue that whatever the underlying "medical" issue for the card could be part of one.

Quote from @Collin Hays: Quote from @Jay Hinrichs: Quote from @Jay Hurst: Quote from @Collin Hays: I reside in Amarillo, Texas.  

I have two questions regarding mortgage interest tax deductions.First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment.

Investment Info:Single-family residence fix & flip investment in Indianapolis.

Investment Info:Single-family residence buy & hold investment.

So your saying select No Damage Protection and just submit an extra charge when it's warranted? 

Investment Info:Single-family residence fix & flip investment.

I'm very new to investing and weighing which options would benefit me the most.Option 1:  Use the cash as down payment on another primary residence and rent out the current.

Don't grill me too hard.I own three rental properties, one is my primary residence with an apartment (5 units total between 3 properties: 1 airbnb, 2 medium term healthcare leases, and 2 long-term rentals).