Carry at Owner’s own expense public liability insurance that names the Owner and the Agent, that is adequate to protect their interests and that is in form, substance and amounts reasonably satisfactory to the Agent.

If you are someone with millions of dollars and can take a small percentage of your portfolio say 200k and make a few spec plays then if they go south a little and you take a loss no harm no foul as your other investments can pull you back up and over from where you started at.

Some tenants become unable to take care of their home, due to mental ill health, substance misuse, learning disability and so on.

@Bernardo Pereira I emailed you back and we can ctach up soon@Josh Prince The income does not have to be from Puerto Rico as a matter of fact the incentive is for exported services and you can most defitely live in california or NY and route legitimately through form and substance a lot of income including passive income but it may require a "price transfer study".

No harm intended. 

Cooking substances is extremely dangerous and toxic.

I could say more about the abusive application of these laws, but that's a political discussion.You may have some toxic substance mitigation to do. 

Wholesaling as a business, meaning that's all you do primarily  is to assign contracts to real buyers, that certainly puts you in harms way of regulators and the law. 

Note, mold spores are always in the air and not all types and quantities are harmful...I believe...check with your Doctor....or Cheese monger. 

Search for new insurance companies.You did factor in vacancy and capex: if you exclude these, the numbers are not too bad.One more thing; for me I don't burn bridges and am not sure your mentor who sold the deal to you meant much harm ( factor other ancillary benefits ( depreciation, tax incentives etc) and you will actually be happy.....Secondly, it also depends on the market: am not sure what is obtainable in your market but some markets don't cashflow so much.....My one cent..Happy investing