I purchased it from a couple that were burnt out on landlording and sold at a loss to get out of it.

Those K-1's have profit or loss that goes onto the partners personal returns.

If insurance is required the security agreement will recite the matter and if in the body of any note, the insurance assigned should be at the option of the lender for the application of loss proceeds.

An inexperienced buyer's loss rate will be higher.

Is it at a potential loss?

And I am more cautious about buy and hold for a SFH since one vacant unit = 100% rent loss... but it sounds like you're doing well with yours, which is great!

Consider the potential loss of your time involved in any work you do on the home.

Gee, I'm kind of at a loss for words right now.

If I was in your position I would try to get some extra $$$ and explain that you are going to have to replaced XYZ when/if she moves out and you need to cover that loss.

I was devastated by his loss.