Personally, I've chosen to go with a good insurance policy AND an umbrella policy that can cover not only your rental but all of your other assets as well.  

I thought they were a high initiation fee scammer outfit.My best sources have been the ReHab stores of Habitat For Humanity, yard sales (particularly higher end subdivisions) and close out sales.

We have chosen vacations in the Smokies and Florida, due to a relatively safe bet those areas will be open.

I think it's just a very smart marketing strategy, humans will do a lot more to avoid pain than to gain pleasure.

And you have chosen a software program that is popular with CPA's.

Some times it can be very hard to adhere to the rules-the contract, (because we are human, we do have a heart)  but you must adhere to the Lease Agreement no matter what.!

Furthermore,BiggerPockets is not responsible for any human or mechanical errors or omissions.Financial ProjectionsTotal Initial Equity:$116,000.00Gross Rent Multiplier:9.30Income-Expense Ratio (2% Rule):0.86%ARV based on Cap Rate:-50% Rule Cash Flow EstimatesTotal Monthly Income:$4,300.00x50% for Expenses:$2,150.00Monthly Payment/Interest Payment:$2,061.40Total Monthly Cashflow using 50% Rule:$88.606 Flat in Burbank, IL (copy)6148 W.79th st, Burbank, IL, Burbank, ILLINOIS` 60459Monthly Income:Monthly Expenses:Monthly Cash Flow:Pro Forma Cap Rate:$4,550.00$4,246.42$303.585.95%NOITotal Cash NeededCash on Cash ROIPurchase Cap Rate$27,349.00$98,000.003.72%5.95%Property InformationMLS Number: 09262104Purchase Price:$460,000.00Purchase Closing Costs:$5,000.00Estimated Repair Costs:$1,000.00Total Cost of Project:$466,000.00After Repair Value$460,000.00Down Payment:$92,000.00Loan Amount:$368,000.00Loan Points:$0.00Loan Fees:Amortized Over:30 yearsLoan Interest Rate:5.000%Monthly P&I:$1,975.50Rent$4,350.00Other$200.00Total$4,550.00ExpensesVacancy$227.50 (5%)Repairs$227.50 (5%)CapEx$227.50 (5%)Electricity$50.00 (1%)Water & Sewer$150.00 (3%)Garbage$170.00 (4%)Insurance$250.00 (5%)P&I$1,975.50 (43%)Property Taxes$938.42 (21%)Misc$30.00 (1%)Total$4,246.42 (93%Financial ProjectionsTotal Initial Equity:$92,000.00Gross Rent Multiplier:8.42Income-Expense Ratio (2% Rule):0.98%ARV based on Cap Rate:-50% Rule Cash Flow EstimatesTotal Monthly Income:$4,550.00x50% for Expenses:$2,275.00Monthly Payment/Interest Payment:$1,975.50Total Monthly Cashflow using 50% Rule:$299.507914 W.82nd ave,Justice ,IL 60458, Justice, ILLINOIS 60458MLS number: 08246034.6 Flat with 1/4 bedroom Basement Apt or Studio Purchase Price: $480,000.00 Purchase Closing Costs: $5,000.00 Estimated Repairs: $15,000.00 Total Project Cost: $500,000.00 After Repair Value: $500,000.00 Down Payment: $96,000.00 Loan Amount: $384,000.00 Loan Points: $0.00 Loan Fees: Amortized Over: 30 years Loan Interest Rate: 5.000% Monthly P&I: $2,061.40 Total Cash Needed By Borrower: $116,000.00 Monthly Income: $4,300.00 Monthly Expenses: $4,961.40 Monthly Cashflow: -$661.40 Pro Forma Cap Rate: 3.36% NOI: $16,800.00 Total Cash Needed: $116,000.00 Cash on Cash ROI: -6.84% Purchase Cap Rate: 3.50% Expenses Income 50% Rule Total operating expenses: $2,900.00 Mortgage expenses: $2,061.40 Vacancy: $215.00 Repairs: $215.00 CapEx: $430.00 Electricity: $40.00 Water & Sewer: $215.00 Garbage: $107.00 HOA: $267.00 Insurance: $170.00 P&I: $2,061.40 Property Taxes: $1,152.00 Misc: $89.00 Analysis Over Time Hide Assumptions 0%/year Expense Increase 0%/year Income Increase 0%/year Property Value Increase Year 1 Year 2 Year 3 Year 4 Year 10 Year 20 Year 30 Total Annual Income $51,600.00 $51,600.00 $51,600.00 $51,600.00 $51,600.00 $51,600.00 $51,600.00 Total Annual Expenses Operating Expenses Mortgage Payment $59,536.74 $34,800.00 $24,736.74 $59,536.74 $34,800.00 $24,736.74 $59,536.74 $34,800.00 $24,736.74 $59,536.74 $34,800.00 $24,736.74 $59,536.74 $34,800.00 $24,736.74 $59,536.74 $34,800.00 $24,736.74 $34,800.00 $34,800.00 — Total Annual Cashflow -$7,936.74 -$7,936.74 -$7,936.74 -$7,936.74 -$7,936.74 -$7,936.74 $16,800.00 Cash on Cash ROI -6.84% -6.84% -6.84% -6.84% -6.84% -6.84% 14.48% Property Value $500,000.00 $500,000.00 $500,000.00 $500,000.00 $500,000.00 $500,000.00 $500,000.00 Equity $121,665.40 $127,620.66 $133,880.60 $140,460.80 $187,646.47 $305,648.89 $500,000.00 Loan Balance $378,334.60 $372,379.34 $366,119.40 $359,539.20 $312,353.53 $194,351.11 — Total Profit if Sold -$2,271.34 -$4,252.82 -$5,929.62 -$7,286.16 -$7,720.93 $30,914.09 $170,634.53 Annualized Total Return -1.96% -1.85% -1.73% -1.61% -0.69% 1.19% 3.06% Monthly Income: Monthly Expenses: Monthly Cash Flow: Pro Forma Cap Rate: $4,300.00 $4,961.40 -$661.40 3.36% NOI Total Cash Needed Cash on Cash ROI Purchase Cap Rate $16,800.00 $116,000.00 -6.84% 3.50% Property Information MLS Number: 08246034 Purchase Price: $480,000.00 Purchase Closing Costs: $5,000.00 Estimated Repair Costs: $15,000.00 Total Cost of Project: $500,000.00 After Repair Value $500,000.00 Property Description 6 Flat with 1/4 bedroom Basement Apt or Studio Down Payment: $96,000.00 Loan Amount: $384,000.00 Loan Points: $0.00 Loan Fees: Amortized Over: 30 years Loan Interest Rate: 5.000% Monthly P&I: $2,061.40 Income Rent $4,100.00 Other $200.00 Total $4,300.00 Expenses Vacancy $215.00 (5%) Repairs $215.00 (5%) CapEx $430.00 (10%) Electricity $40.00 (1%) Water & Sewer $215.00 (5%) Garbage $107.00 (2%) HOA $267.00 (6%) Insurance $170.00 (4%) P&I $2,061.40 (48%) Property Taxes $1,152.00 (27%) Misc $89.00 (2%) Total $4,961.40 (115%) Buy & Hold Analysis - 03/02/17 01:58:53 PM Page 1 of 3 Calculations based on a 31-day month.

I realize that the safety of a human being trumps my mortgage payment/bottom line - but am I allowed to ask for a copy of a police report?

I have too much love for humanity to just be another one of those.

Welcome to BP L.D.You have definitely chosen the right website to learn from and Indianapolis is a great market to invest in.