Truthfully, you should of had one before you got audited, as creating one under audit does not help your case.

The truth is, renters can't predict their futures and can bounce at any time for a variety of reasons.

Insurance attorney recommending settling but its hard to think of paying out when we know the charges are not truthful and former tenant is seeking insurance money.

Thank you for the  advice and it means a lot especially when people start to tell the truth without sugarcoating  because there are millions of the real estate investors out there who are giving false hope to the newbies. 

The truth is that likely you should NOT install a rooftop deck if the calculations weren't done to support that type of load. 

The ability to speak the hard truth with empathyIt doesn't matter how good a mentor is: if they don't mesh with you personally, it will be a disaster.

The ability to speak the hard truth with empathyIt doesn't matter how good a mentor is: if they don't mesh with you personally, it will be a disaster.

We had zero regulation over STRs here for a few years when Airbnb first started back in the day, and truthfully it was bad: whole blocks of downtown were basically hotels for a little while there and it started to feel more like a commercial district than residential.

Unfortunately many do not want to hear the truth. 

Truth be told, for our first property it wasn't our money we used; it was my husband's grandpa's because we didn't have enough money.