Pros: Diverse job market, low unemployment, great resilience during recessions, nice appreciation, 1% rule can be hit if you look hard enough, great economy, good schools, Midwest nice.Cons: Extreme weather at times (hot/humid summers, tornadoes/hail, brutal cold in Jan/Feb), high insurance premiums, property taxes also really high.

Has anyone seen what a hail storm does to solar?

For instance, if hail damages your roof, you’d receive payment based on the roof’s current value, considering its age.Replacement Cost: Covers the full cost of a new item.

That’s the long “hail Mary” scenario.

This would mean your class of tenant causes more damage than expected, or hail destroys your roof *every 5 years* or something similar.

Some carriers offer loss assessment insurance, which can come into play when the HOA experiences a large covered insurance loss, such as a hail storm requiring roof replacement or a fire requiring building replacement.  

To save money, management raised the wind and hail insurance deductible from 5 to 10 percent.

I would go with a hail resistant 30 shingle then you get a discount from the insurance company .

What I read of the Note Offering before it was recently changed, it READILY presented as a hail-marry business strategy.

@Hai Le - I have a quadraplex with a single water meter and I was unable to find a system that shows water usage by unit.