@Joe Norman These are great points, Joe!

Yes sir, I wouldn’t say completely covered....the only way to be completely covered is to buy an RC policy for the calculated amount; however, the strategic move would be to do exactly what you suggested.Just understand that I’m the event of a total loss, you wouldn’t receive enough money to rebuild the property as it stands....but rather just enough money to demo the property and walk away with the amount you invested in hand.Insurance is so incredibly litigated, and people can be so quick to sue....that definitive statements are the things nightmares are made of, especially for insurance agents.But, as I said before, I can confidently tell you that I have RC policies for the purchase price plus 25k, and I am very happy with them.

@James Wise well played sir, well played

Thanks again sir.

Thank you, sir!

Thank you sir!

You can also learn in those phone calls if the tenant has followed through and established their accounts as it will come up as they inquire who is taking over, generally "yes sir/ma'am I see ______________ has an account set up to start on X date".

Thank you sir!

@Brian Reynolds Congrats Sir

Thank you sir!