If the property values in your market soften, if the tenant moves in and destroys it, fire, earthquakes, floods, hail, hurricane, another lock down requires you to keep a non-paying tenant - honestly anything - and my position in the property is at jeopardy.

I have owned the property for 30 years but have had to retrofit for earthquakes, it is in a high fire danger in the foothills and nickels and dimes me all the time because it is old.

Just in case you don’t have enough to worry about (see above), let’s throw earthquakes into the mix.

@Eddy Ramos I invest in Little Havana and near Little Haiti, but I’ve never heard of a Little Jamaica in Miami.

We have all been fairly lucky over the last 10 years or so, but you're right a hurricane can wipe out a park instantly, especially if you're in a tidal zone prone to storm surges from past hurricanes.There are risks like this everywhere though - tornadoes happen across the midwest and earthquakes on the west coast.  

How do I set up in a lease, to protect myself (landlord) from tenant putting together a lawsuit against me for property damage during unforeseen circumstance like fires or earthquakes etc. when they didn’t purchase rental insurance?

This leads to a slow or stagnant increase in property prices and rents in established areas as people move further out and rent or buy newer homes.Natural disaster risk - Natural disasters such as tornadoes, hurricanes, and earthquakes destroy communities.

After many years and many properties, we've been through a series of adventures (and misadventures) worthy of a Hollywood script--including flooded rentals, earthquake-caused property condemnation, unexpectedly canceled contracts, and even having to navigate a felony-level crime committed at a property we had under contract...but those are stories for another day...Now, to answer your question: I spent about 1 hour with my agent on a Monday going over my goals and learning about his process...that Thursday, we spent about 8 hours looking at properties and making our offer, and we were under contract that night...so, it was a fast-paced process, and much quicker than I had expected (but that had more to do with the breakneck pace of my local market than anything). 

There’s been reports that Little Haiti has been bought up by investors

Floods, earthquakes, fires, storms, monsoons.