I have been told that you can't make a profit by insuring a property but only make up your loss so I'm guessing that you would insure it for what you have in it.

They'll also claim loss of valuable contents like the Picasso and silver that you took and pictures with them posed next to Elvis that you threw away.

That property was such a loss.

Food for thought.

He is very sad about the loss of my grandmother and is only focused on parting ways with the lake house they shared together.

And as long as the rents increase in line with an underlying property appreciation caused by the effect of more dollars entering the real estate market, then increased cash flow will offset the loss in value of that cash flow being denominated in dollars.Many foreign investors will just use the intrinsic value of the property rather than try to play the exchange rate game.

You want to be able to prove to an investor etc. that you have a handle on the potential profit or loss.

I would suggest asking for bank statements or pages of tax returns that illustrate the actual property profit/loss and actual rents paid.

The investors 200k will be in the first loss position subject to the 80% owner finance.

People will throw them away, use them for garage sale signs, work for food signs, whatever.