I filed E last year because I had some friends that insisted it was passive income and therefore did not apply but we've had some substantial losses last year, this year, and will also have quite a bit next year due to 25k in remodeling the first year, special assessments this past year and next year for redoing the siding and decks on the outside of the condos.

I've been asked a few dozen times, but like most people who do this full time, I have no time to take on anybody.  

The neighbor of one of my rental properties has about a dozen cats.  

I don't consider it as part of my numbers but as part of the intangibles when assessing a property.

Since this is at the present time this amounts to about a dozen locks in rotation it is pretty easy not to have the same lock on the same house for years and by that point I will probably have new locks to use. 

I got a quote with the following coverages:Dwelling: $15,00Personal Property: $2,000Loss of Use: $1,200Liability Limits: $100,000Medical Payments: $2,000Personal Property Replacement Cost; YesLost Assessment: $2,000Condo Special Dwelling Coverage: YesHurricane Deductible: $500Estimated premium: $490Any thoughts/recommendations on this?

So today we are writing an offer on a rambling old farm house (4 miles from us) with >4.7 acres, 2 barns for 1/3 of the cost of a new build & a much lower tax assessment.

Another thing - @Benjamin Ellis mentioned checking out the assessment. 

Where in Memphis (and many other places) I see dozens of properties going for $20,000-$60,000 (or even less but need some work) are rents in the $500-$900/mo range.

Able to work with creative financing; a simple search in the top right bar will bring up dozens of links and info.