Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.

Quote from @Nicholas Dillon: Basic math on a napkin.When you cash out the equity, you borrow it from the bank.

But the more property you buy the higher the likelihood of being involved in a situation where asset protection above basic liability insurance can SAVE YOUR A_ _ !

Since my bank account had no funds (I transfer them fully as soon as rent collections deposit), Baselane basically paid those refunds from their own pocket and now are coming after me to recoup them.

I've heard great things about Loebsack & Brownlee, that's basically all they do so they know the ins and outs of the law, and they're good at it.

Your thesis is basically rent low and accept less desirable tenants so I don't think that is the best thesis to base an investment off.

There are "success coordinators" to answer your basic questions, and your attorney team and your senior advisor. 

So they basically did rental arbitrage on your property for 7 years and then walk away. 

You basically echoed my internal conversation.

Basically you stay working there and rollover funds into another qualified plan.