Also if he has his own liability insurance, my home is insured what added benefit does getting me added as additionally insured provide? 

In comparison the deferred sales trust has no pending legal cases, has a successful Private Letter Ruling in form and substance, has had 15 IRS audits (3 formal), 2000+ closed cases, DST law firm provides audit defense at no additional cost for life of the trust, and all IRS audits were closed as no change audits.

I have cleaners come through once a month and that is my touch point...but that is it and it has been the most passive strategy I have come across.Disadvantages: - Screening Processes: You will need to build additional processes around screening these tenants like a LTR.

Great midtown location in Tucson, Arizona; we acquired at a great discount, 94 units, 17 of which are 4-2, and will be converting to 2-1 and gain an additional 17 units totaling 111 units after reno, adding 1.4MM valuation.

I suggest you send them a letter/email detailed the additional costs from the damages and demand payment. 

I doubt that I would explore any other projects with this group.

Additionally, one of my good buddies @Doug Spence is active duty air force and mentors new investors.

I've then needed to rely on additional debt to get me through to stabilizing the property on the back end, pulling out the money via refinance, and paying everything off.

Additionally, does anyone have strategies or advice on how to confirm that the reported rent is actually being collected as stated?

Hi there Biggerpockets community,Just wanted to drop in and say how much I've been enjoying the Biggerpockets podcast and exploring the books and posts over the past year.