Thanks everyone for the awesome replies.I live on the Oregon Coast, and (as a Realtor) I have encountered a lot of deals that fall apart when the lender isn't satisfied with the flood insurance or certificate.

My real estate attorney just laugh at these contracts when he encounters these guru contracts.

You should ask yourself what you would do if you encountered a large judgement against your property management firm.

There are cheap properties in both good and bad areas, so definitely don't let sticker price guide you.

There is some maintenance I expect to encounter in around 3-5 years as well).Vacancy: $294 (Used 10% of Monthly Rents.

You'll do much better to learn from an experienced investor and take a finder's fee or split the deal if it turns out to be one, than to have an encounter with a potential seller that you aren't ready to deal with on your own.Where will you find that investor? 

Hi,The only lender that I have encountered that has this condition is Fannie Mae and it is only for up to 90 days.

Search the BP for ADU appraisals to encounter numerous examples.

In the 1994 Northridge quake, not one single fmaily residence fell to the ground for a total loss, only the apartment buildings and homes built on hillsides with large slopes which encountered huge structural and foundation issues.

Got Vinyl stickers from ebay, have lasted the whole year so far - no issuesNice marked garbage cans for the tenants, all but one was bought used off craigslist.chimney repaired - this and the refinishing of the floors was the only things we contracted out, everything else my Wife and I did with the help of some friends.Hard working Wifey and her Dad patching the sidewalksOur son "helping" us put out the planters.