Is it possible to get renter's insurance to have some coverage over the home in the case it's destroyed by fire, flood etc.

Such properties can be profitable, but it takes a special set of skills to manage the situations that will come up and potentially destroy your cash flow and/or the property.The strategy does not so much matter, rather than having a good team in place such as a very involved property manager with experience in class C/D properties. 

Deferred maintenance is often a simple/cheap (relatively) fix, but neglect can be the cause of major systems failures or issues, which can destroy your returns, so be sure to have a very thorough inspection.

They become this fiend, this villain that could destroy you and is probably the hardest phase of all the phases.It is during the MOVING PHASE, that you must be cool, have all your wits about you and be prepared, yet still be cordial so as not to enrage the monster that seems to be lurking in your Tenant during the MOVING PHASE (as there is NO ANTIDOTE to calm the savage beast once it takes form).

When we filled in pools, you were required to destroy the bottom so that it wouldn't trap water and remove the walls of the pool altogether.

On the first purchase we made, they took a lot of section 8 tenants to inflate the rents and we ultimately decided some of those tenants were destroying the property so we lowered the rent to attract the right tenants and once we had the bad ones out, we slowly moved the rents back up.

If you have a nice team, maybe your management company won't destroy your cash flow with a million needless expenses that you have no way to verify to see whether they are actually necessary.Just a heads up from personal experience in living in the Akron "war zone," I would never invest out of state in Akron without local assistance.

China could decide to take over next year or we could have major terrorist attacks on metropolitan areas that destroys our economy.I would focus on making investments that will work even if the market tanks.

Please be respectful and share any advice.Pics belong to respected owners and I will try to link them to where I got them from........................................................................................................................................................................................California Town was 95% burned down with over 6700 structures destroyed and is still growing in size.

They fail to make their last two payments, steal your washer and dryer, their dogs have destroyed your carpet and dug up the lawn, there are several broken windows and holes in the wall, and the place is filthy.