Go to your local courthouse/government offices and find out what the policy is in your area.Good Luck,Mike

Contact a title company and see how they handle contingent policies.

The only safety factor you have as a landlord is your good sense and experience and cash reserves.

An economic policy is sensible, even liberal.

But, you may ask, why not keep the ex-owners policy in place?

At a bank or credit union you're looking at what that institution has as a written loan policy, every insured lender has one.

But a couple months for a safety net of $50k is a tradeoff I can make for the beach...even though with the insane snow and -40 degree temps we have had lately up here, I sure am ready for it!

She snuck a cat in against our no pet policy, lied to us about it, caused significant damages, did not pay the last month rent, owed us $350 upon move out (above what her $700 security deposit covered) - sent us a check for this - then stopped payment on the check.

I always try to be very transparent about what information I will be gathering, who I'm gathering it from and how and when I'll be making a determination and I put the everything in writing.That way, no one can come back and say I discriminated against them or broke the law in a certain way because my policies were in writing and followed.

With UST's some insurance companies will deny policy coverage for the home unless remediated. 2.