I manage over 300 rentals and I've only had a few tenants cause more than $2,000 in losses and none have caused more than $5,000.

Because we are new, we see all of these things as bad :(I know we are supposed to be "problem solvers" as real estate investors per one of the podcast guests, but we also don't want to move forward if the problems are bigger than the budget. 

@Ryan Evans Its a bigger 3 story 3105 sq ft property.

I would discuss the coverage for Loss of Use with your agent and the Insurance company's claim rep to make sure you are on the same page for what they will reimburse. 

I'm am pretty new here to Bigger Pockets.

I've been a bigger pockets member for some years now and finally dedicated my focus towards changing my life.

sacwholesalesone of the bigger ones in sac.

I am quickly realizing it's difficult to find 1) properties which meet the 1% test, and 2) properties which cash flow positive from year 1 (unless we increase our down payment from 3.5% to something much higher).I would like to get two pieces of advice from the Bigger Pockets community in Massachusetts.

This may not be the most ideal way of accessing the money but if the gains from your REIs are expected to outweigh the loss your going to take in penalties then it may be an option you want to consider.

Whatever profit or loss is calculated from that will either be added to your income or added to your monthly liabilities.