It's like driving on Uber claiming you own a taxi business.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Here in the Tahoe, NV area there were a lot of claims from snow and the insurance went up which drove up the HOA monthly fees.

I'm in Canada, but I claim everything on my taxes, including advertizing costs which may be $50. 

He claims they all pay accurately and on time.

I am just trying to be realistic, keeping in mind you may need to defend your claims, you want it to be substantiated easily. 

It can help safeguard your personal assets in the event of a lawsuit or liability claim that exceeds the coverage limits of your primary insurance policies.Tenant Acceptance Policy: Implementing a thorough tenant acceptance policy is crucial for selecting reliable tenants who are likely to pay rent on time, maintain the property, and adhere to lease terms.

I am assuming a warranty deed is the best option over a quit claim, esp since I already filed two quit claims (The first was to change the tenancy from joint to tenancy in common; and the second was to add my daughter as a tenant in common).My situation is pretty complex...or maybe I'm just making it too complex--I'd love any input anyone might have!

I've always had it and when you have a claim/large loss you get a check for gross rental income.

I lent money to a flipper in San Diego who claimed bankruptcy and fled to Canada.