Though accidents could happen, 99% of the time these issues that most people need to get policies for are due to the lack of common sense or for someone accepting responsibility for their actions. 

make sure that you document how to take care of the pool and who is responsible for each part.  

Thank you, I really appreciate the response and info!

Thank you all for your quick responses, this is very helpful!

Here are my responses to your questions:•The tenants are already covering their utility expenses.

@john warren@John Warren -Thank you for your response; the information you've provided is very helpful.

For example, I believe Nest and Ecobee digital thermostats allow you to put a low/high floor on the temperature so tenants can't put it below or above a certain temperature.Finally, your lease should include a clause that says tenants are responsible for repairs if they abuse or neglect the property.

I attempt to study what you mentioned in your earlier response—60% bonus depreciation upfront, 40% over the course of 15 years. 

Starting your journey in real estate investing can feel both exciting and overwhelming. The promise of financial freedom, building wealth, and creating long-term security is enticing, but the path to get there isn’t a...

Challenges: You’re responsible for making payments whether or not the project is profitable, which can create pressure if cash flow issues arise during the project.2.