Consider paying for title insurance yourself and if she still balks at it, stay away from the deal cause it's no deal!

I always file the claim just cause it's pretty cheap and at the very least it will create a record that will be questioned by any other potential landlord.

@Edwin Duran With regards to your first question I think the way you phrased it has caused some confusion.

Those older homes may or may not have it and cause water to seep up.

In this case, you will most likely regret your decision to decline RCV for the up front savings.I don't have the statistics in front of me, but a large majority of property claims are not a total loss.Another point to keep in mind is that some "ACV" policies will also come with reduced causes of loss.

I don't always do credit, especially on the lower-end rentals cause I assume they have terrible credit already!

I get this from one of our neighbors- a rental if it is run down and has loud trashy tenants and cars on blocks would diminish value and rightly cause neighbors anger-- all our rentals are in well established developments-- I give my card to both side neighbors and ask them to please call us if there is excess noise, traffic, residents,etc-- it creates much good will & I also tell the new renter that we have done this with the neighbors-- it puts renters on notice that you will find out about unmoved lawns, animals, etc. as long as your home looks like a home and not a shabby obvious rental, your neighbors will calm down.

What does your lease say about you paying for repairing damage caused by tenant?

He said something to the effect of he doesn't worry much about the contract cause the escrow holds alot more weight than the contract.

If the borrower's house debt was included in the BK, then an eventual foreclosure does not harm their credit.