I heard an attorney claim that real estate was the most litigated area for liability, I bet that is a stretch tying slip and falls and medical claims to the real estate, Yes, all accidents happen on planet earth, doesn't mean the property owner was negligent.  

If a tenant or a tenants visitor gets hurt using that playset they are not going to care that you are a nice guy if suing you becomes an option to offset medical bills.Talk to an attorney and your insurance agent.

Thanks in advance.100% replacement costDwelling $177,000  Dwelling extra replacement cost $35,400 Personal Property $8,850  Business liability $300,000 each occurrenceBusiness liability $600,000 annual aggregatePremises medical payments  $1,000Loss of Rents  $0

A lot of what you asked depends mainly on the size of your operation, the management systems in place, and the skills and smarts of your management team.

If your handyman is injured on the job and isn't self-insured, you could expect to receive a large medical bill.

The broker said prepare to lose it all... not exactly a big vote of confidence in their skills.

In order for it to work for the seller, simply feel them out via friendly discussion about their life goals/plan/situation.Examples of seller situations:  -  The seller may need to pay off a large medical bill (make your monthly payments equal to the bill)- The seller may be retiring (suggest that your monthly payments would be better than a lump sum that earns a low interest rate sitting in the bank... and also reduced capital gains tax).- The seller may want to buy some "toys" ie. new car, vacation, etc.  

Smoking medical marijuana is legal in California, but not recreational.

Especially, if you have a high net worth and they find a medical condition that blaming God for won't help.

Its possible to set up your purchases and management to favor you as a landlord and your particular skills and interests.