No economic theory, and no policy works perfectly in isolation.

I'd be happy with a second cat, charge another $25 bucks and have tenants forever.We have been pet friendly for over ten years, I think our pet rents alone are well over $1,000 a month and I do not see a pattern of negative impact on properties - some isolated issues yes and normally they are very willing to pay for it, but kids are way worse than pets.

this is what I see as some of the advantages of umbrella policies:No need to isolate finances as can be the case with other protection mechanisms. 

Hi Adrienne,You cold pull up the carpet and have a look at the subfloor--maybe it's OSB from some old packing crate in that spot.If the joists feel solid underfoot and the area to each side feels bouncy, the floor wood may have failed.If that is the case a contractor may be able to cut 1/2 way along the joists on each side and insert new "Flooring grade PLYWOOD" of the same thickness as the rest of the floor.The carpet will probably need to be "Knee-ed" back into place by a carpet installer to prevent wrinkles.Be ready for anything when you open it up (meaning idiotic workmanship such as joists with way over-large notching for plumbing, etc...)This may also be a harbinger of things to come (or it may just be an isolated indecent.)Good Luck!

.), so long as I solely own the LLC.

Completely isolated and beautiful. 

Part of the value you get from the management fee you get the isolation factor between you and the property/tenant. 

The current circumstances created the perfect scenario for the boom of the so-called “Zoom towns”: rural and suburban getaways for travelers looking for a place to isolate themselves from crowded cities.

Any measure, caprate, CoC etc taken in isolation is virtually meaningless; you have to underwrite to a broader level of detail and consider your own criteria and goals.

Certain areas and investment classes also tend to have higher vacancy rates as well, these tend to be niche or isolated pockets.