From what I understand, all the permits are spoken for and the whole system is closed for 2023.

Hello everyone,Bigger Pockets provided a lease agreement for AZ which has an option for the Tenant to include liability insurance in their renter's insurance.I'd like some advice to help me understand if I need to include a liability insurance amount and how to assess that amount for different properties.Thank you in advance!

Thanks,~ Troy It's completely understandable to feel hesitant about handing over control of your property to a corporate housing company.

But it will help you understand if you like this kind of investing and enjoy the underwriting and stuff.Feel free to DM and I'd be happy to share some more opinions and experiences

He has a team of people who research everything and they guarntee in writing that title is clear and there are no leins etc.I however wanted to ask all of you here what needs to be researched before buying a property at auction because I take what people tell me with a grain of salt, so I wanted to get input from more people.I understand buying property at auction has a greater risk because you can not inspect it and it is truely as-is, but people are doing it so I am trying to learn the steps needed to take before going to auction.

I understand that a home this old obviously needs a lot more attention then a newer build.

And it costs them so much that they never really understand, time/money/sleepless nights/angst.

., I understand your situation, but everything you have stated is a huge red flag.

Better to lose nearly $10k in rent (~50% of 90 day rent value) than get a risky tenant.Especially if you self manage, make sure you understand the protections provided mid term renters in CA.Good luck

I have a basic understanding of how the process works.