It would take 12+ years of not having an incident just for you to break even if you self insured.

I now carry bc of this incident that hit too close to home for our team.  

Since this is my first experience with such an incident, what do you recommend?

i agree with Eddie. less rental indicate less properties densities, less population, and less jobs. but it does not necessarily mean it's bad neighborhood or have higher cirme rates. some of the highest reported crime rate area are also the hottest real estate markets, simply because everyone is living there, hence more incidents. if you are looking for a area for rental property, number of rentals available in the market is the least of your worries. all properties will be rented with the right price. there are no bad rental or good rentals, everyone has different needs and criteria.  

I'm here to learn.About:Name: Frank Tore Thornæs, you can call me "Tore".Age: 28From: Trondheim, NorwayJob: Incident Manager, for a retail systems software companyI'm basically a nerd with a passion for FinTech, finance, investing and politics.My "finance hobby" started with Cryptocurrency mining in early 2013, and I've been invested in Bitcoin ever since.How did I get into real estate?

For instance, Dallas PD has an online tool that allows you to pull incident, call reports down to street level.

Going forward, what security systems should be in place to prevent this type of incidents?

I have come to understand the liabilities and this is just one incident.

I didn't like the feeling after that incident so I wanted to put myself in a a better position when it comes to getting deals, and things have worked out great since.There's so much to learn in this biz.

I put the above incident in the same class as above.