Cities acting like they are the ones destroying their own properties and that tenants are all perfect and it could not be their fault has to be the landlords fault ..

then you have market conditions were in much of the US you can buy existing homes for less than you can build new ones for and I know this is true in many parts of Chicago land. our renewed listing will NOT provide any reports, regardless of what any potential buyer thinks is awry. they need to do their own due diligence, even though we were going to build our own PERSONAL home on this property (again, COVID supply chains and prices destroyed our dream of doing so, and now we are forced to sell...).

So if you need to free up $100k it would take 10 months to free up the cash, which obviously kinda destroys the usefulness of it.

See Nobel prize winner and associate  quote....Gunner Myrdal, an architect of Sweden’s welfare state who was given the Nobel Prize in economics as the left-wing balance to his co-winner FA Hayek:  Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.”3 His fellow Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”Seattle is a prime example.

This past year has been rough with maintenance issues and things breaking, and right when I start to think things are getting better, I have to replace 4 roofs (1 is just a carport), an AC unit gets stolen, and a racoon destroyed an attic. 

I would even write it very explicitly :People are tired of very-progressive left wing government policy that removing property rights , creating criminals, protecting criminals , destroying generation and coddling criminals ( in the name of human right or DEI or whatever).Agree @Bruce Woodruff?

If a tornado came through and destroyed the home no matter what your deductible was you'd be glad for the coverage.

@Tara AdiI am not an attorneyMy experience has been owning a condo as well as building 1,000’s of themIn this instance there was a defect from the common area element that caused damage to the window which would be the responsibility of the HOAThink of it another way, if the roof leaks and destroys your drywall ceiling - are you responsible to replace the drywall?

This is fraught with risk and destroying your personal life / marriage.

Helps with guaranteeing rent but other than that it doesn't help with those NY price points, and if your tenant is destroying your property it doesn't help very much with tenant laws either.