We don't spend more than a couple hours managing our 8 properties, and I never go to see them.

I have literally zero money to spend or put down, like zero.

View report*This link comes directly from our calculators, based on information input by the member who posted.Ok just having some fun with a recent property for sale about two blocks from where i liv...

My concerns are as follows:1) Insurance claim will take a bunch of time and they will deny it since they do not know the origin, when it occurred, etc. 2) In their review process, they will determine an 'overkill' level of damage that I will need to repair, and then deny the claim anyways for whatever reason.

The other problem is that you probably cannot increase the rents very much in the future without spending a lot of money on rehab, which still may not get you over $600 per unit on a good day.

So spend the money upfront to pay the tenant for this replacement.

In all cases get that done, review existing leases and deposits etc and make sure you get all the money turned over to you at closing!

How much do you typically spend on marketing a month? 

They may still have some of the billions to spend in the big Fed settlement years ago.  

I'm seeing mixed reviews on the web so want to get input from fellow investors about good or bad experience they may have had with the company.