Learning to defend against them is part of it, but I think an owner has truly graduated from "Landlording 101" when he or she can laugh about it. 

Should you choose not to do something and then an event happens the insurance will use that against you to deny the claim or spend money defending it.The insurance company wants to be profitable and they do that by not paying out claims and trying to prevent them from happening to begin with.Residential investing is becoming more regulated by the government which is why I really do not like that asset class now.

Slapping 4% on it and defending it because that's what the bank told you is ridiculous.

Not once,  If you knew how to read and comprehend at the same time, you would see that it was I that got beat up, simply because the people on this site do not like wholesalers, which by the way, I didn't defend. 

Again, you're defending fradulent, scandalous business practices, in my opinion.If someone from Maine hired me to be their north Califonia manager, I would not expect them to agree to let me rip them off. 

The lack of a lease means you have nothing to defend yourself with.

When our case was called I went up to the front of the court room and took my place at the Plaintiff’s Table, and Dear Martin started to push the wheel chair with the old lady through the narrow gate leading into the interior where the plaintiffs and defendants stand.

Negotiate with the owner, maybe something could be worked out either you giving him more money or him giving you more money, in any event the person getting the money walks away without going to court.There have been tax sale cases that have cost $45,000 to defend and 9 years to resolve. 

LOL.Hey, not only do we not guarantee our work, but if someone sues us, you get to pay our commissions and fees AND defend us in court.There has to be a better contract out there.  

If you have to defend your decision, base it on #1 having more income.