I've heard some great arguments on both sides of the aisle, for and against the practice of charging your tenant a deductible for home repairs.

Getting back into the REI game and I am practicing my deal analysis on some MLS properties.

Be careful of doing anything that would fall under "self help eviction practices".

If you are concerned about our litigious culture over here (and that's probably a valid concern) then get some "umbrella liability" insurance coverage.

Hypothetically then, I'd suggest you not buy a MH in your area and deal in properties fit for conducting business with the assets you have available, that meet common practice and the reality of where you are.

Amusement parks, Major sports teams, Cultural events, etc.World class universities and medical careTransportation hub serviced by every major airlineLowest crime rates in the countryAll of those things help properties maintain value, and keep the demand for real estate strong.

It forces them to think, my job is to calm the fears and inform as to general and prudent practice.

I also bought the 2 month online practice tests just to make life easy for me and do the electronic tests.

Mark, if one practices perfectly what's the point of practice?

There is no way of saying which borrower or tenant will default except through good underwriting practices and the ability to read people, I don't miss very often and there are aspects of life, those "financial life events" that can never be foreseen in advance.As to bands of investment/price, not really as I'm an underwriter type and consider each property in relation to the market demand, market rents or collateral nature, to the tenant/borrower.