Some of them let the owner know when this happens to prevent there being no water or electricity to the property. 

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

I have an umbrella policy which I think is better than an LLC but how can I protect myself even more with specific verbiage in my lease from suit or losing a big lawsuit if it were to happen.Would love examples of what isnused in your lease to prevent this.

Sometimes this can prevent you from making that additional call or going to that extra meet up that is necessary for success as a real estate agent. 

Julian, you sound like my husband and me trying to prevent scorpions from getting in our AZ house in the mountains, LOL.

If your loan has a clause that prevents you from using it as a rental, a lot of people would be in trouble. 

I don't know if the builder can prevent you from marketing the contract but if allowed I would start investigating sell it and walking away with some extra $$$.  

In my 15 years of Property Management experience, I typically see that the tenant is responding for reporting leaks and water intrusion immediately  in order to prevent any growth, but the remediation typically falls to the owner.

How much is reasonable  for  quarterly preventive pest control treatments for three units?

Since we’ll be renting it we want to put it in an LLC but are concerned that may prevent us from taking advantage of this 2-out-of-5 year rule?