By paying above market rates you are essentially destroying the short term cash flow of the properties.Are you doing this as an equity play?

Are we saying that the logistical nightmare of owning property out of state more than destroys that additional 1.3% return?

The specific crop or crops destroyed or damaged.

Once you get in and start doing what your going to do with the property you certainly don't want an angry person destroying your progress IMHO.

What you're saying is that she has destroyed this unit.

I have found infestations by observing only a quarter inch mud tube (all that was visible at that house).Now my advice: Make any purchase contingent on a wood destroying insect inspection and hire a professional and accompany him/her during the inspection.

What is the best way to mitigate a washer/dryer leak destroying your rental?

Longer version: This house is in New Orleans - bought a destroyed property after Katrina and rehabbed.

You will see times where trees that hang over a new roof destroy it quickly, or make it covered in moss, shortening the life.

I have never heard of that but if it is fairly common in your neck of the woods Im sure that definitely made you more comfortable.My concern would be that something could possibly happen to the home during renovation (fire, tornado, etc.) that would destroy the property and you would not be the named insured on the policy.