@James KhailWelcome to BP!

Quote from @James Mc Ree: Here's another perspective: Insurance is for liability protection.

Quote from @James Mc Ree: You have a legally binding lease.

Quote from @James R.: @Michael Baum"We used to send it much earlier, but we had guests showing up a day before thinking they could get an extra night.

Quote from @Genesis Duncan: Quote from @James Wise: Quote from @Samuel Diouf: Hey Genesis!

Therefore your focus should be spent understanding how to operate your business in a manner that avoids conflict and liability exposure because that's the best line of defense.

Plus “foreclosure defense” which was created out of necessity in the last crash is very useful defense in a judicial state to delay delay delay then get a low interest rate modification.

Quote from @James Harryton: Hey, I recently bought my first rental property in Polk County it doesn’t cash flow enough for me to have a property manager so I would have to manage this myself for the time being, however in about 6 months I would want to get a HELOC on the property and use that as a down payment on maybe a multi family and then rinse and repeat, I was wondering if this sounds reasonable or would I have to do something else, and also because the market value of homes are so expensive around me, the 1% rule for rents don’t really work for me thank you so much 

Quote from @James Carlson:  ....

I was in defensive mode, not OFFENSIVE make-it-happen-BIG mode. :-)I'm still new, and trying to find partners to help me with up front capital so I can do this, so joined BP for support there.