If they settled for such a large amount, the landlord must have carried some responsibility, and the insurance lawyers didn't feel they could win the case.

@Alan Asriants Excellent advice for anyone but especially newbies.

Everyone telling you that your plan is excellent will not help you.

The RTP in RTP(no pund intended) will tighten up, this is an excellent market.

It's a win-win.

And if you time it just right when your tenant lease comes due, or have a tenant that just needs the extra space, then it’s a win win since you dont have to have any vacancy. 

These areas offer excellent opportunities for long-term equity growth and solid rental income.Florida still has strong cap rates—you can expect 7-8% in year one, 8-10% in year two, and an average of 10-12% over five years.

Sometimes the only person that wins in a legal situation are the attorneys.

My 4 houses will by far out appriciate your one house, and I will win on net worth even tho i have slightly lower cashflow than your 1 house with 20% down. 

They buy at deep discounts and have economies of Scale to be able to wait out the time when Homes Prices and Rent Prices must rise eventually.It's a lose-lose for Mom and Pop but a Win-Win for Big Money Landlords.It's the complete opposite of what the Liberal's intentions wanted and they will fall into self-delusion that it's a Conspiracy of the Rich.