Just add preventative measures and insurance responsibilities to the tenant wanting this freedom/addiction.

This is where you can try to force the old contractor to perform (let him know of the deficiencies and copy his insurance/bonding company) to get him out to correct. 

You can use mailing lists, brokers, go to networking events and establish relationship with other investors, brokers, insurance agents, attorneys, property owners, etc...

At one point the mortgage company wanted to know why my name was not on the insurance policy for the homes (it was in the name of my LLC), and at that point I spoke with my insurance agent who added my name back to the policy along with the name of the LLC.Best of Luck.

I'm aware of HOA cost and renters insurance but haven't figured in and flood/disaster insurance yet.

For the rental: I owe $1,054 monthly for Prin, Int, Taxes, Insur.

With Quit Claim Deed, no title insurance can be obtained.

I also keep the total amount of all my insurance deductibles for each property in reserves in case emergency comes up.

(Utilities at the street)Obstacles: I had the first title company pull records (600 pages) who said their underwriter won't approve the deal for title insurance because of her appeal and court history.

4: How reluctant were they to find a good solution in case you ran into an issue ( foreclosure, delay in payment, insurance issue )with borrower after buying the property?