Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

I like the ease of use and keep 20 to 25 properties covered by them.

I’m not necessarily looking to cash flow, but I would like the mortgage/taxes/expenses to be covered by the rent payments if all the units were rented out. 

My roofs get replaced with an insurance claim (lots of hail storms in Texas) and I expect AC/Heaters to last 12-15 years so that is usually easily covered in one year of positive cash flow for a unit when I am still paying a loan and covered in 4 months or less of positive cash flow once the property is paid off.My small multi-family (duplexes) are usually built in the 80s......not NEW!

This is different from homeowner’s insurance and will cover things like property damage, liability, and loss of rental income.

The Assisted Living Facility will have insurance and $1M in liability coverage.I called my current insurance and they told me they would no longer cover if I rent to a business like this.

I'm no expert on Florida contractor license law but from what I've read statute 489.533 covers abandonment.

Obtaining an adequate amount of liability coverage should cover liability concerns. 

They aren't going to be cash flowing enough to cover the HELOC payments.

First time posting and getting into the investment scene, I currently have a single family home that was my previous primary, and looking into purchasing my 1st true investment property, trying to find some advice on the financial aspect of the purchase, here's my scenario;Currently going through pre-approval with the builder and I do have liquid assets enough to cover the downpayment for the property (40k) but I do have a car note (41k, 800 monthly, extra 500 to principal monthly) and a Patio upgrade (25k no interest till March 2025).