I'm sure the answer varies on state, city, zipcode, neighborhood, but I'm just wondering if anyone has a story of when a tenant destroyed their property and their insurance company paid some part of the bill to fix it.I'm about to deliver a presentation to my beautiful Fiance' (my most valuable business partner) and I'd like to include this as a possibility for us to mitigate risks associated with placing a bad tenant (I hear that happens once in a while).Any other mitigation techniques you use to protect yourself from the risk of destructive tenants?

Dont expect another contractor to be a witness in small claims court   But you could pay an engineer . 

Yea I been calling n asking around... so far Wells Fargo only go 60% on the investment property... n TD is saying I have high DTI... they want it at 40% n mine is at 53%... now underwriter is trying to play wit the numbers n I’ll go with FEDPEN if TD denies me..

The beauty and benefit of a VA home loan is mostly the zero down payment option. 

If I were you (and essentially two years ago I was in your same shoes) start focusing on getting a deal in an area you would be comfortable living in for at least a few years, that keeps your monthly housing costs as low as possible, and utilizes the beauty of renting by the room.

Beautiful work! 

That’s the beauty of our business.

They have a very expensive beautiful vacation home. 

If there is only one ugly 4-plex in a beautiful area, that single ugly 4-plex could be a money machine, I would buy the ugly 4-plex at a low price, then renovate it.  

As beautiful as the idea may seem the logistics did not work out.