Market effectively, price correctly, vet prospective tenant/buyers, and you should be fine.

Read the fine print and meet the deadlines. 

And that’s fine, as long as it does not increase so much that it erodes your monthly cash flow to an unhealthy level where you’re upside down or too close to it.

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelery, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence" Good Luck

Unfortunately we go into most leases with some unknowns, if they check the other boxes you are probably fine.  

Otherwise my regular tradesmen are fine.

@Sherin SunnyAs long as they are smaller Multi-Fam you should be fine with a umbrella policy from your insurance provider.

I heard fines can be costly.

As @Mark Hughes mentioned, these properties are generally not in foreclosure, but the city may continue to fine them for code violations which could push them in that direction.  

If your bank takes checks like this you are fine.