IMO cash flow provides a way to mitigate the risk of unexpected expenses and loss of income due to vacancies.

I have a wife and 3 kids and the weight of their futures on my back.

Rent rates have increased so quickly over the last few years.

Ask for its breed, weight, and name, and have them attach a picture.- Make the application part of the lease, with the stipulation that if they've lied in the application or in the lease, they can be evicted.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.

We used The Real Estate CPA last year and were pretty displeased.

I did one house I may end up taking a small loss on, we'll see.

As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.

When I have last minute cancellations, I still pay them.

No, it would be a total loss.

Assuming you don't have a mortgage that requires a certain level of insurance, you can get a stop-loss policy covering all the properties.