Vladimir,First thing to find out is what caused the fire.

-This is a reckless and poorly drafted bill that will do more harm than good.- 

Any dog on the insurance list of "dangerous breeds" is allowed for $75 a month and proof that the tenant has insurance to protect against the animal causing injury.I limit renters to two animals per property.No kittens or puppies.

I got it under contract for 110 K it appraised at 125, the higher comps in the area are 180 to 190 K,It is in the Reno stage right now and I plan on BRRRR’ing it (The lender is just waiting for the seasoning period) and so far the pandemic hasn’t caused any hiccups, in fact it has been a breath of fresh air as inventory is low in the market that I am trying to invest in and buyers are scarce.

This causes the loans that a Servicer had on their books to pay off sooner…often before that 3-year breakeven period.

I have been involved in projects where a spill of a bucket of solvent caused a plume over a mile long.

Anyway if I go with it, and in couple months let's say I get 3% rate , how its gonna harm me other than may be - another 2500 closing cost adds up in principle - another ding / hard inquiry in credit history - anything else ?

They are prone to causing leaks under the sink that the tenant easily might not notice.

Cheaping out on paint can cause you real problems down the road.  

Maybe nothing changes or maybe a bunch of anxious owners decide to sell, cause inventory to spike and prices go down.