Fortunately, we have not had any issues on the property that were caused by any pet. 

Quote from @Sara Valentine: Maybe you were fortunate in years past.

Fortunately I have all the standard contingencies.I also question what is a fair price for insurance.  

That means having a great property manager and attorney.I've had a few problematic tenants since I started investing in 2019, but fortunately in each of those 3 cases we've been able to negotiate an early lease termination.All investments come with risk, so the key is to mitigate and manage it as best as you can.

MOST INVESTORS don't understand this and are fortunate to not get stuck in a position similar to the ones we faced.People don't seem to comprehend just how much "luck" has to do with success. 

They have made major sacrifices and in most instances they have sunk fortunes into their portfolio to pay down the debt. 

I was heading down a similar path and fortunately I cancelled my contract and forfeited my deposit. 

I attended (I ran a sub meeting so I was invited) their board meeting after Fortune Builders came to town.

Now consider this: all the groups people are spending fortunes to target—foreclosures, absentee owners, probate leads, tax liens—what do they have in common?

So happy for this young man and his young family.One of my bizz partners years ago and mentor.. ( he was President of a fortune 500 company) we belonged to the same country club in Napa.. him in his mansion on the Hill me on my house down in the low lands..