I would at least recommend you have them shop a policy for you.One thing we did note is that with hail damage to roofs, they seem to be decreasing coverage/increasing deductibles on that if ever needed.

@Ethan Slater here's some info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I have done small things like switch from glass wine cups to acryliic ones that look like glass and take a damage deposit of $250 that helps mitigate small things breaking that are over $50.

They focus on safety issues, such as wood rot, water damage, and structural integrity of balconies and decks.

Here's a quick breakdown:Unforeseen Property Issues: Hidden damage, bad tenants, major repairs – these can eat into profits.Vacancy Woes: Empty units mean lost income, impacting cash flow.Market Downturns: Property values can drop, affecting your investment's performance. 

The cost of a virtual office typically starts at around €120 per month, depending on the location, making it an affordable and professional option for entrepreneurs.If you're interested, here are some reliable companies offering this service in Spain:Regus: www.regus.comWeWork: www.wework.comSpaces: www.spacesworks.comUtopicus: www.utopicus.esMyOffice: www.myoffice.esFor me, Regus is one of the best options due to its reputation and quality of service.

He is also giving me a bad reputation with my bank.

I would suggest shopping it around a little more until you find a lender that offers reasonable terms and has a positive reputation.

Luckily I had a good reason because there was massive flood damage in the home.

@Tayvion Payton here's some useful info:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?