@Jeff Johnson , I also have a small, speculative portion of my investment portfolio - right now, it is all tied up in bitcoins, litecoins, peercoins, terracoins, and feathercoins (cryptocurrencies).

Out Where I live anything empty for awhile gets the copper stolen.

Hire GC/subs with liability, work comp, commercial auto policies; should include coverage for "projects and completed operations" to cover my cost to bring the property to completion if faulty workmanship, defective materials, carelessness, or accident occurs; covers defects after property is sold; should also cover theft of materials/tools so I'm not out the cost of a stolen pile of 2 x 4s (they buy everything).Questions: Is "Hazard" insurance for fire, wind damage, vandalism, etc. covered in vacant building coverage?

I had about 2 k dollars worth of tools stolen.  

He's been sued for taking people's money and has lost or stolen somewhere between 3-4 million by squandering it away on crappy deals in Utah.

No pickup cash.Number 1 it's not safe for your property manager and invites a criminal act against them for robbery.Number 2 some PM's have stolen money in the past and it is tempting for them when life's  problems are staring them in the face.I had an issue years ago where a tenant that pays late but normally pays the rent had not came in.

Never heard of a buyer backing out on something like that, if anything I would think they'd enjoy having a brand new unit (I assume you, as the seller, replaced the unit after it was stolen). 

When we bought it, it had structure issues, mold,  no HVAC, leaky roof(cough, cough-- 4 layers of shingles), stolen copper pipes, closed off floor plan pretty much all the bad cards were thrown our way...  

Two issues we've found with craigslist is an increasing problem with ads being "stolen" by scammers and relisted at lower rental rates (it's gotten to the point where we no longer post the address of the rental and at times, have to place a notice on the door of the rental warning others of the scam) and ads being lost in repeated ads for the same apartment complexes, townhouses, duplexes and "rent to own" ads that, again, sound too good to be true (i.e., $400 for a 5 bedroom, 3 bath house).Some of the other sites appear to have tighter controls over these nonsense ads.Gail

Outside an investor perspective, back to when I lived in apartments, my car was broken into 2x in 3 months and I had almost $2k worth of things stolen (stereo system and laptop from my trunk).