For one that is happy to ride out the cycles over the years, appreciation is great.

It's a lot like riding a bike.  

Arkansas from what I hear is typically on the high side of property insurance mostly due to wind/hail risk.  

It's a weird story, but I once found myself catching a ride from a guy I didn't know late at night who turned out to be a broker and I told him all pro formas were bullsh#t lol.

Assuming what you've posted here is accurate, your tenant either doesn't understand what their rights are OR they know that YOU don't know what YOUR rights are and they are going to take you for a ride. 

I do not like to ride to close to the flame as sooner or later you will get burned.

I think I'd shop around for another insurance carrier just to make sure you aren't being given a ride.

Only thing to do is enjoy the ride.

Investing in Columbus has treated me well over the years.My thought has always been to follow the larger developments and then ride the wave.

There is always a frenzy of excess cash at the end of a cycle - that's what causes bubbles to inflate.Investors seduced into jumping into a deal for fear of missing out (FOMO) because a sponsor 'will sell out in 24 hours' will lose their shirts in the next downturn.Enjoy the ride.