Class action lawsuits are already being discussed and there is potential at least portions of the blazes were caused by arson, often excluded from coverages.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Let’s make 2025 a year of action and success!

putting 20% down on $200K will be a $160K (first position)note.

So that has been my "next action step" to wait for a clog to happen again and have him camera it, but it has now been almost 1.5 years with no incidents.TLDR: There is a chance that the bottom bathroom tub/toilet could fill with sewage during a guest stay, but I am hopeful that the next time it happens will be the last.

It's great to hear that you're finally ready to take action. 

This could turn a potential loss into positive cash flow while protecting your property’s value.

Given their age and position in life… mailbox money flow forever sounds like a good start to retirement to me!

Honestly, I would not sign any lease until you positively close and legally own the property.

Real estate investing is more about taking actions and learn as much as possible along the way and not repeating your mistakes.