Thanks for posting this. 

This is a very common agreement, in your space your problem and they also should have insurance that if its extensive insurance would cover it. 

The reason someone would not do this is why would someone want to lose $900,000? 

Thanks allI think this ultimately comes down to the following: Will your return on investment be better with a new purchase than your current return on equity for that $200K?

This is assuming you passed the 750 hour rule and the 50% rule to qualify as a REPS

I'm From Ethiopia I just found biggerpockets and really love the community, the contents and all members helping one another I'm also new to investing and would love to learn and grow in my financial freedom journeyIts an honor to be part of this community and looking forward to learning, growing, connecting with like minded people Thank you for all who created this amazing platform , Have a Great Day!

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.

Hi everybody I was wondering where you post your properties for rent on long term investing this is what I am using now but I did not know if there were anyplace I was missing that you thought was important1.

Suffolk, VA has a 4% population growth for the past 3 years What made you interested in investing in this type of deal?

This has helped me in the past when a unit has been damaged and/or small items are misplaced like silverware, pots/pans, etc.