There is a major lack of hotel space anyway and it was held in January when hotel occupancy was horrific.

I did this by accident (I arrived early for one of my evictions...the first), and I was glad I did. 

Though I hope it never happens, what if some accident like a burst pipe happens to damage the tenant's property and it's later determined to be something the owner was responsible for (but the owner was not grossly negligent).  

One of my previous emails got posted again by accident and I don't know how to delete it.Moderators have my permission to remove it.

@Andy Hudgins  it was an accident I meant to put this in marketplaceMODS move to market place it was another Jay Boo Boo  LOL.

., if you got into a bad car accident or something). the LLC, assuming you follow the relatively straightforward formalities when operating it, would offer some protection of the property (if not from any cash-flow distributions you'd otherwise get)

There are shysters, and real accidents, but that is what insurance is for. 

I think when most people benefit from big appreciation it almost happens by accident.

My first flip was an accident - a buy and hold that went bad and the necessity to rehab and flip it.

In the BP Podcast 087, Nathan Brooks explain what was in his blog, about the house that could kill you, and he recommended that the owner leave the structure immediately, which I thought was great.However, is there a higher duty for the investor to tell the police, and/or tell code enforcement or the fire department or some authority that the house needs to be checked out because it is a major accident waiting to happen… with electrical in the SHOWER and such?