If you have been negligent in your risk management, your insurance company could deem your negligence "gross negligence", which means 1) They will not defend you, and 2) You may be on the hook for not only actual damages, but exemplary damages of up to 4X actual damages, depending on the state.Here are some claims we've heard of over the years in the Smokies:1.

Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.

Hi Matthew,Have you reached out to other insurance companies for quotes?

Can you hire friends in the trade?

I'd like to set up the company structure now and would like to do so under the advice of a well recognized cross boarder accountant that specializes in real estate investing.Currently located in BC.

If you want to use a local company to manage your rental instead of self-managing, I can put you in contact with a great team!

There are companies that specialize in the eviction process that are more efficient and faster than attorneys.

Since you are trading out of vacant land, you are looking to dump an asset that didn't require much management. 

Not sure if someone out there or a local company specializes in these type of transactions?

I would definitely hire a management company if I plan to rent the property.Back up plan is to stay there two years, sell the property and avoid paying taxes.Fellow BiggerPockets community, I would love some advice on evaluating whether I should flip the property to reinvest in a bigger home or multifamily unit or rent the property with a management company?