These folks burned holes in our linens, started what looks like was a small fire in bathtub, burned the couch in 3 spots and also burned an end table.

Insurance on these older comes is hard to justify in many cases so unfortunately this home only had liability coverage.This fire was tragic because we had just finished renovating it and were taking applications for new tenants.These trailers burn fast, very fast.

Their entire business model is to charge premiums and play hard to ever pay out on the fat tails.

Don't hire contractors, who show up in a pressed shirt, can speak both Spanish and English and do zero work but pocket a fat margin.  

And would you please imagine what the social media giants do with your “ secure “ information.I burned bridges that day.

I've seen some of my clients get burned this way.

I am a lender (and investor) but as I lender I have seen countless times where newbie's buy sight unseen blindly trusting their "team" and they are burned.

Not because we have a boatload of cash burning a hole in our pockets.

Had a ton of tire kickers in the past and find this weeds them out also ask for deposits on any properties so we don’t get burned. 

If you don’t, then you will crash and burn very quickly.Even with a good property manager, you are going to have to stay somewhere involved, especially in the early stages as you set up a system so that you can make sure your property manager is operating the way that you need them to.Also make sure to get a pulse on how the city operates where are you are investing.