I have a generic requirement in my leases requiring the tenant to have renter insurance, but I never bother requesting proof of insurance, and I suspect most of my tenants do not buy renter's insurance, it is only there so I can say "the lease requires you to have renter's insurance, it is not my problem you didn't get renter's insurance for your belongings"Thats why renters insurance is so cheap.

I thought you can build cheap, and sell high.

But FedEx has posted on their site that shipments to the Midwest may be delayed because of winter storms and have stated they will not back their delivery guarantee because of it.That stated, does this tenant check with you monthly to see if you received payment or is this the first time?

HO6 is cheap.

I was thinking about maybe giving a couple cheap packages of lights to my SFR renters, but don't want someone falling off a ladder and saying I encouraged it!

Rather, use sub2 as a cheap leverage opportunity.That being said, the numbers are everything.

That is very cheap, I don't think $250 covers the E&O per deal and a decent profit to keep the processor paid and lights on.

Cant think of a situation where I'd rather have a 4/1 than a 3/2 unless it was a super cheap rehab job and I just didnt want to spend the money to make the change.

James - what I am looking to get into now is quick flips...no major rehabs but just a few properties that I can buy for cheap and fix up then sell.

Of course I buy really cheap ($25k-$30k) so generally I could not get mortgages on them anyway.