No matter how experienced you are in IRA's, having a 3rd party help look over your shoulder will help accidents from occurring and having the IRA become disqualified.

I'm not a lawyer, so no legal advice, but I'm getting ready to rent my first home in MD so I've been reading up on the requirements, and my research has shown that in MD (quote):§8–112.If the improvements on property rented for a term of not more than seven years become untenantable by reason of fire or unavoidable accident, the tenancy terminates, and all liability for rent ceases on payment proportionately to the day of fire or unavoidable accident.So if the place was not habitable, looks like Maryland code says all liability for rent ceases on the day of the accident.

And the biggest difference is that most of them got into it by accident and just did the best they could with what they were given.

She didn't have an accident.

Some examples:Acts of God, Terrorism, earthquake, accidents, flooding, fire, condemnation, tenant damage, power failure, theft and exposure because you have deep pockets.

(The secret to an accident in the villages, by the way, is to not stop but drive to the next town and report yourself to the police station there and pay the cop a bribe commensurate with the damage caused.)

Maybe I'm off on something but what's the big difference between picking up my dog's crap when he has an accident in the house & a rat's in the attic?

For a few minuets i was thinking how can you keep tenants on your rental properties for a long time without having issues.Then i though of the allstate guy that gave 100 bucks for every 6 months you didnt have an accident.

An accident.

He said it was an "accent" and I said more like an accident!