And he would have incentive to take care of it out of pocket as he wouldn't want to turn in such a small claim.

I've had a few showings with people who claim to have been landlords.

I'm looking at a property fsbo, where the owner is claiming a value of 280k, based on the safeco insurance replacement value of his property.

She also claims that since she constantly trips one particular 15 amp breaker that there's "faulty electrical".

I won't claim to be an expert on this topic.

And if you try to claim that the investor is participating in an event that will lead to the creation of a loan, i.e.

As mentioned pit bulls are considered an aggressive breed by insurance companies.They can cancel the whole policy and will not cover your claim as an exception to the policy.

Because you're running an REI business, you also have to think about the long-term implications of having a claim against your insurance by a worker on the job who isn't covered with WC.

It isn't a dollar limit, it is a purpose limit.In other words, no matter what the gurus claim, you can't refinance your rental, pocket the funds and deduct the interest.

What bothers me is that people claim there are ignorant property owners everywhere that don't know their markets or home value and will dump their home on you (WHer) today at a fire sale (with margins such that your end buyer is still getting a great deal) vs listing it for a week at a little below market, paying commissions and still making substantially more money.