The reason is my old co gave each one of my properties a different policys.  

Find a QI that does not commingle funds (we provide separate FDIC insured accounts for each transaction), holds an errors and omissions insurance policy, and is bonded.

If you finance not and finance again, you are paying double closing costs, double origination fees and will purchase 2 title insurance policies.  

if you did quit your job what's your insurance policy like? 

I currently have a $500k term policy that can be converted into Universal Whole Life and also significant assets in a ROTH, Rollover IRA and 401k from my last job.

The Wheelbarrow Profits podcast is aimed towards multifamily investing.

You must have a 3 strike policy because after being "consistently late with rent" and bringing a dog in when the lease says no pets, I would have started eviction at that moment.  

I think HUD's own rules should govern this and not city policy.  

As a standard policy, we either have a tenant move out in the AM and the new one move in, in the PM, or we have security stay during the 'vacant' days, or we board up.  

Now how that all actually plays out with insurance, attorneys and courts in individual cases, and at what costs in money and time, that's the rub.There is usually an insurance policy on the tank, to cover leaks, as part of the price of the fuel, so check with the seller on that.I would certainly recommend making your deal contingent on a clean leak test (and decommissioning if that's what you choose) and have your deal effectively read such that if the test comes back with water in the tank, ie the tank has leaked, then you can walk from the deal and get your EM back.The existence of a UST, especially if in use and not leaking, in no way needs to be a required deal killer though.