However, insurance is limited because it only protects you from one type of liability: accidents/negligence.

(There are always turnover costs when someone moves out and unexpected things YOU are responsible for, like a tenants furnace going out in February).Just my thoughts on this.Good Luck!

We recently unexpectedly sold a property to Open Door and wanted to share the experience. 

They can prevent a court from stripping you of your investment properties if there's a large judgement from a car accident you were involved with for example.

We are interested in purchasing our first investment property, and have a solid lead on a single family home that was owned by the daughter of a friend who passed away unexpectedly a year and a half ago. 

I consider it as a happy accident if the value does increase outside of forced appreciation.

I started giving preferred returns then moved to selling them as partials.In regards to principal and interest - this is a personal choice of returning only interest and using principal to cover any unexpected costs or returning it if you collect an upfront holding cost.

However, insurance is limited because it only protects you from one type of liability: accidents/negligence.

I'm guessing the dogs may have had some accidents in the house with the new carpeting since she is intoxicated and can't get up. 

Looking for some advice/thoughts on how to analyze the decision on if I should sell a rental property.  Long story short - my tenant contacted me wanting to know if I would be interesting in selling the property.  The...