In the event of damage to the product, you file your claim through them (take pics and submit).

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.

I generally prefer higher since I don’t plan on putting in small claims, it’s basically just for catastrophic loses and the savings in premiums over multpiple properties for multiple years should balance that out if I have ever have to use the insurance.

Any property that has a claim will be tough to get through escrow.  

And remember, the Federal Trade Commission warns against pay up front loans:  https://www.consumer.ftc.gov/a...Lendbase is able to skirt around this by claiming that they are just a "broker" and not the actual lender.  

Nothing points to this better than claiming the property cash flows $1,000/m relying on rent collection and debt service/taxes/insurance while responding to my question about other operating expenses/reserves with:  "repairs will come and we will fix, but that's why we do our due diligence before we buy so we aren't walking into major repairs".  

Hello BP Community,Does anyone know how to file a Quit Claim Deed in Northern California, Alameda County specifically?

@Kyle Cross you claim to know a lot about the industry, but your questions are vague and so is the info you've provided.Not sure how managing 8 units doesn't, "require much management"?

Of course I can increase deductibles or otherwise decrease coverage, but that is only putting off the inevitable expensive insurance claim.

Quote from @Jim Bryant: So, here's how it turned out:He showed up completely unprepared to back up any of his claims.