I still think if I would have worked it out with them rather than jumping straight to court, I would have taken a smaller loss.

If the market goes down you don't take the losses either. 

This property gives me significant income, so losing it would be an extreme loss.

If someone had gotten hurt and sued for $1mm then these coverages would have kicked in.Having been thru the claim process on a total loss.

But then again a large swath of syndicators that jumped in when they did have had major struggles to full blown liquidation and 100% capital loss's..

Originally posted by @John A Murray:Tanner in my neighborhood practically no one parks their car in their garage; they mostly just store-like us-a bunch of unnecessary "stuff".David my plan check fees are $850 and building permit fees are $2,650 for a total of $3,500.

Those types of things can throw curve balls but in my opinion, at the end of the day it wouldnt be worth much without friends and family and I understand his loss.  

Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?

Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.

The days we knew back-when have been sadly mostly lost, to the loss of everyone.