Carbon monoxide monitors and smoke detectors are already mandatory in most states and adding surge protectors for devices that easily spark during inclement weather seems like an inexpensive solution. 

My perspective is that one must define the scope of the risk they are talking about to have a meaningful conversation about it. 

And if you're doing any electrical work don't forget the bottle of sparks, decepticons, autobots, and a 360 degree motorized rotating ladder to screw in light bulbs. 

Do you have an agent or partner in either of those markets who can advise you in a meaningful way?

Otherwise, nothing in it is meaningful.  

Potentially.Depends on the location and numbers - you will need to be a little more explicit to elicit a meaningful response I'm afraid. 

However, we have found a townhome that sparked our interest and after running the numbers, this also appears to be positive.

I feel like this really sparked my interest in RE investing.

Together, we'll spark a wave of community builders and forge epic partnerships.

Basically, ALL of California fails the 1% rule -- yet we have many investors and a fare share of the housing market in general.1% of $1000 is worthless, but 1% of $100,000 is meaningful and 1% of $1,000,000 is just wonderful.