My priorities are finding a company with a strong track record in:-Tenant screening and placement-Rent collection and financial reporting-Maintenance coordination and responsiveness-Competitive management feesAny insights or recommendations from experienced Lafayette investors would be greatly appreciated!

. :)  Keep in mind, that YES they are more expensive AND, they may actually get small "dimples" in them from hail... it will show (in many not all) forms of metal roofs but that is NOT covered by insurance (cosmetic damage). 

We had to go through quiet title on this and it was covered.

Random side note: Travel nurses seem to make the best renters and are good for covering quarters/seasons of life. 

So they can replace the people that move out with people you approve of after proper screening..... keep the same number of people and now the total rent is split between them, so the per person goes up..... or they all move out and you start all over to rent it at current market rate. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

The question is, do you have enough equity in your current home / the financial ability to cover the cost of moving in 4 years if you use your cash on hand to buy another rental?  

Obviously water damage has more cost to fix than the plumber, but if we are withholding deposit funds for it we need to figure out quick what we can keep to cover this.

Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

Unbelievable • His insurance won’t cover because as it turns out commercial liability does not cover craftmanship defects they need E&O insurance for that, hard lesson learned, 95% of small contractors will not have E&O, it's an extra cost for them and only the larger construction companies carry it.