If you don't plan on filing a claim unless its at least 5k, why pay a premium for a smaller deductible?

They live on the first floor of a small ten-unit building. 

I need one assp I have a Lease Agreement Plan through my law firm, but it's only for Florida properties. 

Hey @Dave Foster, as someone who plans on selling on a 1031 exchange in the next 12 months, I have a question:  in the scenario for the buyer you outlined above, it doesn't seem particularly beneficial to the seller, because if they keep the note outside the exchange they're paying taxes on a boot that they wouldn't have if they got a different buyer who could meet their price, or they're having to replace with outside cash the note inside the exchange.If I were the seller (and like I said, I will be in the next 12 months) I wouldn't like either of those outcomes. 

I plan to go meet with the SLC Zoning/Permitting office to learn all I can, but thought I'd reach out here first. 

**Contingency Planning:** What is your strategy if you need to repossess the property?

I am currently rehabbing my primary at the moment with plans to rent out this fall.

Unless you were planning to do them anyways. 

Would you lend your own money to someone that is planning to buy an investment property, but has no experience managing one?

The mortgage servicer is putting it up for auction so we plan to buy it there.