If you allow her to stay there it is not going to ever get better.

$1200 rent on a $170K property is too low, you have too much equity in the property and need to pull it out if you ever want to see any true cash flow.

You'll minimize your risk of failure and improve your probability of profit/success with a larger reserve. 

And if an insurance company wants to take that higher risk, the should be allowed to make that decision without government intrusion.I'm not trying to argue, just adding some balance to the conversation :)@Joseph Reynolds, very true, I've been thinking about the same a remembering the couple of years leading up to the last crash@Matt Shields  and @@Charles Soper this conversation does make me appreciate the importance of renters insurance more than ever before@Jana Hristova, it's good to hear things are getting back to normal!

You can ever consider one of the units for an AirBnB?

Maybe they want out of the business, maybe they inherited the property, maybe they want to buy a larger property and need the money.  

I live in the NYC area I was wondering if anyone has ever been an investor for a developer for a funded investment in Brooklyn?

welcome to BP @Levi JohnsonDon't hesitate to reach out if you ever have any questions!

It happens so don't think for second it won't ever happen to you.

Can you imagine your monthly property tax liability being larger than your mortgage?