I refinanced the property and combined the extra cash with a large personal loan and some savings to buy a package of 4 properties. 

They'd probably be thrilled to be paying $200 under market and you'd have an extra $5K a year in your pocket. 

Your lender may have a few extra fees in the fine print. 

That will be an extra $1500-$3000 in insurance premiums you will pay because of the claim.If your roof is $5000 to replace, and you have a $2500 deductible, you are actually could lay out more over the next few years. 

And those who do things right but also go the extra mile to meet your tax goals, make suggestions, and help you maximize your options.

To protect him, we got an extra $2MM in a separate umbrella policy.  

Porcelain serves forever and keep extra pieces in the attic or crawl space.

Look at making extra income through your career or a side hustle.

A little bit about me:- Just finished reading "Retire Early with Real Estate"- Currently reading "The House Hacking Strategy" by Craig Curelop- Passionate about and pursuing financial independence through index-fund investing but on a journey to accelerate it through real estate investing- Born and raised in Montgomery County, Maryland but currently living in Fairfax/Northern VirginiaCurrent housing situation:- Rent-hacking an apartment unit my gf and friend- Looking to purchase my first property in the DMV area before/around next April, rent extra rooms to help offset or pay the mortgage, build up capital for the next house-hack, and repeat the process for the next couple of yearsHoping to connect with and learn more from you all/BiggerPockets in general as I get started on my journey!

Another tip is I would recommend paying an extra $100 or $200 on top of their market rent if you need to.