Just cause the lien is canned doesn't mean the fees don't run with the land!!

Pro: Higher day one cash faux.Con: You need to hop on a plane (or long car drive) to visit your property, which leads to ...Con: You are less familiar with the market.Con: You are 100% dependent on complete strangers to make or break your investment for you and keep your best financial interests at heart above their own.Con: Can't easily verify work is being completed in a quality or timely manner.Con: If problems do arise, it will take you longer to find out and they will grow larger in that time.Con: If something goes wrong that your team can't fix (or in all likelyhood caused) then it is harder to for you to step in to fix it, stabilize the asset, and recover.Con: Lower appreciation and rent growth ... if you think this is speculative and not consistent, then review the last 50 years of price trends in the market you are in now vs the out of state market you are considering.Con: Lower tenant quality.

I may call to get some info cause it seems too good to be true.

Also, would that insurance arrangement cause any issues during the eviction process if I had to force someone out?

If not then I don't think she can be considered a tenant but check that to be sure.90 days and you will have to check the no cause eviction ordinance because you might have to give her moving fee... 

It's pointless to file eviction waste money and for what they are gone... legally ya ,, I'm a stickler for doing it the proper way.. this instance,, it's clear the tenant was gone... and owner had right to secure the property. the owners next recourse is small claims court which we all know is a waste of time. he's not likely ever to see a dime although he'll most likely win the claim. collecting on a judgement is more than likely a lost cause. 

Check their terms ahead of time so you don't cause your self to get into a bind.

Fraudulent inducement claimA claim for fraudulent or intentional misrepresentation requires a showing of the following elements:(1)There must be a representation.(2)That representation must be false.(3)It must have to do with a past or present fact.(4)That fact must be material.(5)It must be susceptible of knowledge.(6)The representer must know it to be false or, in the alternative, must assert it as of his own knowledge without knowing whether it is true or false.(7)The representer must intend to have the other person induced to act or justified in acting upon it.(8)That person must be so induced to act or so justified in acting.(9)That person’s action must be in reliance upon the representation.(10)That person must suffer damage.(11)That damage must be attributable to the misrepresentation, that is, the statement must be the proximate cause of the injuryNave v.

I went for Tony Robbins cause I'm a big fan.

There is significant value in a tenant who pays $500 on time every month, makes his own minor repairs, and doesn't damage or place or complain, vs a $700 tenant who is always late, makes emergency calls all the time, damages your property, causes problems with neighbors, etc.Unfortunately, you can't raise one person's rent $50 while raising a similar unit a full $200.