If is she seeking reimbursement for the damage that should be enough to trigger coverage..

the lease, and gave you the necessary consideration to secure the lease.

When they sell they give first considerations to people who will live in the property before investors.

Sewer fees have risen considerably in the last year after the remediation fees went into effect.You'll also probably want to include $200 for city occupancy permits, and probably $500 for complying with a city inspector having a bad day.

Everyone can discuss if it's needed or is it normal but I think it doesn't matter.While we always want to be considerate and giving to others, it's important to also have a mindset of "taking" or being "aggressive" in business.

@Joe Villeneuve So, a couple of questions/observations:In order to do a cash-out refi, I would need considerable equity in a property for it to make sense?

As someone just getting into the art of investing, I can say first hand that there is a fine line between being ready to pull the trigger and jumping the gun."

Try to be considerate while minimizing expenses. 

And with rental properties, I think one of the main considerations is controlling your costs so you're not running around trying to make ends meet later on when surprises pop up.If you're only going to have the rental property for 5 or so years before selling and moving on to bigger and better things, it might be a different situation. 

Doing a lot of reading and researching and I'm getting ready to pull the trigger and buy my first property!