You can call some insurance companies to get actual quotes at any time, so a few phones calls can tell you if he is over paying. you also don't want to go completely cash poor to buy a deal, that's a tough gamble.

They have squatters, or all the piping and wiring has been pulled out, or the listing is fraudulent.

The local advantage.I think Denver is more of a gamble, banking on appreciating.

If you fraudulently under-reported income or over-reported expenses on your tax return, your DTI could be negatively impacted.

Gambling is another term for it.

I am taking the time to share a recent experience I had with a potential lender I connected to via Bigger Pockets. This is the first time I’m looking for this sort of loan (this is only my 2nd rental property). These ...

Are you willing to to gamble your money and maybe lose?

@Harry Gamble I think it's desirable because it's a duplex lot, but the 9 sides parcel that sits back from the road is a very, very odd lot.

When you speculate you are essentially gambling.

I think one of the important considerations is to assess if the tenant is being purposely fraudulent.