But only you can answer what your time/effort is worth and the risk of spending the extra money only to get the same appraisal.It sounds like the bigger additional cost are the extras that THIS bank is requiring you to pay upfront.

@Erich Churchill  Welcome to Bigger Pockets! 

Long leases only benefit the tenant....it may make you feel "warm and fuzzy" inside thinking you have them locked in for multiple years, but the bottom line is tenants will leave when the want/need to.....and you may have a case in court, but you will rarely see that $$.....And when that tenant becomes a nightmare, its a much bigger burden for the landlord to have a justifiable reason to break the lease...one that would hold up in court.So ALL the benefit really goes to the tenant.....not the landlord...so I don't see the upside at all....in fact I only do M2M...... worst case is I give them 30 day notice than I'm not renewing.....

Newbie from Palm Beach Gardens , FL.Hello everybody.Even though I wrote on the Bigger Pocket forum, I have not yet introduced myself properly to the BP community, but before I want to thanks Mike M specialist from Paradise Valley, AZ for has been the first person to welcome me.

Buy more expensive projects, get bigger profits.

First post on Bigger Pockets! 

Being the innovator agent with a PhD in Bigger Pockets would be ideal,  but I also want to be with an agency that provides great training and mentoring since I'm brand new.

Hi Obed, welcome to Bigger Pockets!

I'm very excited to be more active on Bigger Pockets. 

Most bigger insurance companies don't want to take on the risk.