I also have a $175,000 line of credit at the ready if something catastrophic happened.

I could get my handy many to fix these for much cheaper too.I don't want to have small claims that drive my insurance up or causes them to drop me in the future.I want my insurace for catastrophic claims.

Less renters....more rental units.To be more specific, the number of renters may go down due to job losses, industry and commerce disappearing from an area, natural disasters (tornado, fire, hurricane or other weather catastrophe) causing a relocation of folks, etc.

And there are very few problems that could happen that are outside of your control that would result in catastrophic failure. 

This allows me to have plenty of cash reserve to replace a hot water heater, A/C, or if there is another catastrophic issue. 

I do feel based on how things are going that enough hard working people that are not only landlords but other hardworking middle class or upper middle class people are getting beyond sick of the system and the direction things are heading which is a direction towards Marxism which has had catastrophic consequences historically for obvious reasons In other countries.That being said I would like this post to updated through the year as I expect after next month cases will start to cut down for most if the country. 

I also have a $175,000 line of credit at the ready if something catastrophic happened.

I also have a $175,000 line of credit at the ready if something catastrophic happened.

Definitely get with a mobile home park insurance agent for their advice but one coverage that is often overlooked is business interruption coverage which covers you for loss of income from a catastrophic event (hurricane/tornado/etc).

If it is determined there is a problem with the sewer lateral pipe itself, such as a catastrophic pipe failure, which requires excavation to repair and that problem is in the street, it is the Township's responsibility to make these repairs.