@Roman Balmakov If you are planning on holding the property long term and have enough reserves to cover even worst case scenarios it could still be worth it. 

I recently purchased a 2 unit property as owner occupied with one unit already rented out. 3 months after closing, I was laid off due to a restructure at my company, so I decided to rent out the other unit my girlfriend and I planned to live in.

And yes, there is a risk that your rates would go up or they can drop you - but unfortunately, many insurers in that are may already be planning to exit the market or raise rates on everyone to make up for loses.One thing to note about a claim like this, insurance will usually pay for repairs to the damage caused by the problem, but not fixing the actual pipe that broke.

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

@Heather Bailey they will ask you what style of renting you plan to do.  

Establish what type of commercial real estate interests you most—retail, office, industrial, or multifamily—and develop a plan around that.

Posting this here in hopes that other sub to 'sellers' see this and take action against these predators. ”getting it out of this sub to agreement that is probably not enforceable in most jurisdictions”“It is fairly easy to prove that the sleazy and less experienced sub to people had ill intent”Can you sight specific legal cases that back up the above assertions?  

Your dentist has $4,000,000 in his 401k plan.

I would buy a deal that at least minimally cashflows (they exist) and then plan to refi in the 18-36 month window.

There are dozens of problems you can face as a landlord, and I feel it's important to have a plan for all of them.