Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Cause an appraisal will cap you then. 

Tough to say how low it will go.

If you want to learn, I will teach you.

@Marc ZakThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Most will not do 100% loan-to-value so plan on something less than that for the loan amount.2.

I will not renew there lease, and I need to be better about enforcing the rules.

How do you think these trends will affect them in the states with declining populations?

Your insurance carrier will decide who is liable, and if it is the other insurance carrier then they will file a Coordination of Benefits with the other carrier.