This was a property that was going to be put on the market in the future, but another agent and I spoke to see if the owner would consider an offer before going live.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

However, community associations in the more litigious states/areas should at least consider an umbrella policy that provides another $1M-$5M in coverage to protect the community and it's members. 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Now that the market has shifted and no one really knows when rates will come back down, it is sound advice to consider an ARM. 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

I would consider an operational wood fireplace in a rental about as much as installing a trampoline, providing a complementary pit bull, and a zip line off the roof. 

Unfortunately most sellers won't even consider an offer like that because it puts the burden on them to pay the tenant relocation cost which will be anywhere from $8,000 to $22,000.