they clearly have a bad track record and the eviction process can be stopped at anytime by you should they start paying....Don't waste time start asap, run it like a business....

Quote from @Jose Ramirez: I wonder if anyone can give me your feedback on umbrella insurance State Farm called me and told me that I should open a umbrella policy for my rental properties Most umbrella policies don’t cover business pursuits, nor losses from having too low damage coverage.

Are you planning to invest locally in Louisiana, or are you looking at other markets too?

Planning to call them tomorrow.

That to me is business smarts not book smarts. 

Lynn I do plan to ask him.

If you are going to do a flip, do a live in flip with the plan of living there for 2 years to sell tax free.

The gradual recovery of international travel and tourism could provide additional upside for the market, particularly for upper-tier properties.However, potential headwinds include:"- Flat population growth, which may limit organic demand increases- Economic uncertainties that could impact both business and leisure travelOverall, the Los Angeles hospitality market appears well-positioned for sustained performance improvement over the next several years, with upper-tier properties likely to see the strongest gains in ADR and RevPAR.Full Market Report: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/...Contact me for a complimentary market valuation analysis report for your hospitality property today.

It comes with the business.

THEN, I looked them up on the BBB and found they had some serious complaints, with one person planning to sue.