Losing insurance coverage could very well be deemed "unreasonable" by a Fair Housing hearing officer.

Your cash flow is limited there so hopefully the property is in good shape.You would likely be better to use a HELOC to take to invest in a quadplex or two-family if you wanted to go multi because you won't see a property at 2.875% ever again most likely.

Now that you are behind the bank has to put this as a liability on their books and have $400k cash set asideBanks only require 10% reserves typically so that $400k is stopping them from lending approx 3.6M in loans 3.6M at 7% is a big number and will lose a lot more from this than $10-$20k on your loan.

I have never had an issue with theft, which hopefully doesn't change now that I said that.

that leads me to believe they'll want too much for it - so you're hoping to get it before then?

Hopefully you can get some answers from the city. 

Hopefully! 

If the home sits vacant for one month, you lose an entire year of profit.Here's a very common scenario.

Establishing trust and open communication with a warning can sometimes spark a change within your tenant.If the problem continues despite your efforts to resolve it with a warning, it may be necessary to take legal action to avoid losing out on further rental income.

I just turned 28 and I right now, I am ready to learn more about how to get started and take necessary actions that would lead to me hopefully making my first deal.