In other words, if ya'll are thinking you can buy cheapo rental properties in places like Jackson, Mississippi which aren't gonna have no $150k kitchens you can't be filing claims for loss of rents, basement water back ups, equipment breakdowns and ticky tac crap like that, you're gonna get dropped by your carrier and the next carrier is going to deny you coverage.

You can only use price per sf on nearly identical properties.

I believe the feedback we receive here will better equip us to make the right decision when the time is right. 

At my home, the crew needed a place to set up equipment, the cast needed a place to wait until their scene was called, and the makeup people needed a good spot for their service. 

But thankfully you setup a LLC with a holding company to "hide your identity" in case you marry a Kardashian or becoming a secret agent and do not want that person that bought that XBOX to come find you or realize that you own a 2012 honda accord with 120,000 miles that they may try and take?

I’ve run numbers in detail for friends who’ve been looking to get into identical rentals as I manage: the numbers don’t work, even self managed or when transitioned to MTR or LTR.

Coverage like Water Backup, Equipment Breakdown, ... may be advisable to purchase.

If it's a really competitive market, or maybe in this rural area it's more common to have outdoor equipment, does it impact your ability to get a good price?

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Hawaii.

Purchase price: $1,720,000

We are seeking recommandation on single family house, rental insurance company for Honolul...

I also have LifeLock for identity theft protection, could that be a write off on my schedule E as well?