@Allen Moore In New York City, section 8 is awful, the tenants play the system masterfully and the courts are in bed with the city.

Less than a year after I took this picture (which I printed out and hung up on my bathroom mirror so I could see it every night before bed, and then see the real thing at the gym every morning), I quit my job and have never worn a shirt and tie since.

What are the best coverages and limits to have in insurance policies to cover edge case scenarios like these Insurance Policy with water, mold, vandalism, pest etc. 

Last week, she called saying that the kitchen flooring has holes in it and she tried to put tape on it but now shes dealing with a pest situation and they are going in those holes.

Avid listener, and finally found a good opportunity to buy a Bed and Breakfast in my city of New Orleans.

I purchased what was an existing duplex for $48,000 and proceeded to take the entire thing to the studs and turn it into a 5 bed/3 bath home.That cost me about $130,000 total.

After that, the tenant takes responsibility for pest control. 

Mortgage on my current home (4 bed, 1.5 bath, on roughly an acre, in a quiet neighborhood) is $1445 and the idea would be to rent it out for $2000ish plus all utilities depending on the rental market this time next year but currently that's pretty close to where it would be. 

If you tell a wholesaler the zip code, the SF, the bed/bath and condition they should have a ballpark in their head instantly.

Purchase price: $340,000 Cash invested: $7,000 Water front, 4 bed, 2 bath, detached 1 car garage, pier and dock.