I used the money that was going to go into the WL insurance to acquire a property but before acquiring it, I added value to it by bringing a national food tenant that is still operating there till now and doing well even through COVID-19 with a corporate guarantee 2) that my cash return on my cash downpayment and rehab was enough to buy me twice the coverage for less money using a level term insurance for 20 years?

@Christian DiCroce I don't know if Cleveland is one of the Ohio areas that is on your Radar or not but since it's been brought up here is some food for thought for you.If you are looking at Cleveland I recommend checking out The Ultimate Guide to Grading Cleveland Neighborhoods.

But then again maybe the person has some sort of safety net for the dog, meaning a relative with a farm or something that would take the animal and your renter could stay.

Gas station employees, mechanics, landscapers, and many others work in close proximity to petroleum products on a daily basis for decades and they don't experience health issues as long as they observe basic safety measures like washing their hands.

Same thing with your HELOC, if it's a $0 payment, it's a $0 impact.Not discouraging the purchase by any means, but food for thought: "There's no free lunch" if you're getting a below market rate from the builder that's getting paid for in the purchase price.

Remove food that can rot, empty the trash, flush the toilet, etc.

Thanks mate, investing all cash with us wouldn’t leave you with a margin of safety.

They're only required to repay you for health, safety, preservation of the property....fixing broken windows, roof leaks, locks, etc.#3. 

In my opinion, I think this is a tenant responsibility and they should food the bill. 

That translates into The primary concern about picking housing is safety and amenities.