During Open houses where families roam freely, this is bound to happen unfortunately.This would be unacceptable if it were a private showing with only one set of buyers and a buyer's agent accompanying them.I have young children, and if I tell them ten times to keep their hands to themselves, they might still forget and give in to the urge to touch some toys.

Especially in this market where everyone is paying a sky hi premium for run down properties, but again you can also loose your shirt.

Just trying to figure a loose budget for these sorts of things. 

You may loose some of the protection from Airbnb, but in most of the stories I see Airbnb typically takes the guests side and holds host financially liable with no recourse in many disputes.

So if they need to do it and if they don't they loose money, it should count.

Thanks Stuart.I don't think a "thesis" is necessary for real estate investing.Your mixing "thesis" with speculation and prediction IMO$1m in cash is retirement for someone that knows what they are doing in "low barrier" markets like you mention.Same can't be said for higher entry markets.Those that don't know real estate will loose no matter where or how they invest.Personally, I don't care about appreciation as I don't get out of bed unless I can net cashflow 20% net on a deal.For example, just bought a 6 unit in a B class area for $160,000.Currently occupied and renting for $3,000pm.Once minor rehab of $50,000 is completed, rents will be $4,500.I have an offer to sell as is for $250,000.ARV is $350,000.When interest rates go down, value will increase even further due to commercial lending being easier.No need for appreciation on such deals.I'll take them all day long over any appreciation potential.Again, just my opinion and each to their own.

The likelihood of getting Progressive to cover a claim ON THE ROOF when they are issuing a flat cancel due to inspection ON THE ROOF is very low.For the most part, insurance companies don't inspect homes before coverage is bound.  

Maybe he was a builder and cruising along fine, and then has been caught in a cash crunch over the past couple of years and might loose one or two or three.   

Just a general rule in negotiations: "He who go(talk) first, looses" :)

. - choose another RE related syndication to join as LP   I have this goal in spite of my first re syndication in danger of loosing money.Apparently not impressive on my goals.