Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

"Chattanooga" "BRRRR stragtegy" "TN flipping", etc- Attend local meetups to begin growing your network - you can find them here or on sites like eventbrite or meetup.- Set up systems to regularly keep in touch with (and add value to) the folks you connect with whether they're local contacts or virtual contacts from BP.Happy to see you here... looking fwd to seeing how the BiggerPockets platform contributes to your journey.All the best,Abel

While you are at it, learn how to manage your properties well because a large percentage of investors lose tons of money through rookie mistakes with non-paying tenants, unscrupulous contractors, long vacancies, etc. 

I'm not sure there are many syndications executing investments with debt funds today and paying 10% of the property's value to buydown the interest rate and claim positive financial leverage. 

Owner financed scenario:Here is what I thought off:- pay market price ($920k)- Interest: 2-3% year - Down payment: 0-$30,000 - Paying interest only for the first 15 years- Balloon payment at year 15 (or refinance then)The numbers don’t seem to work either.

I have my second contract with renters - it is great when they pay Lessons learned?

Do you have to pay them a fee to be in the brokerage?

You can pay for it with FHA loans or regular loans.

Pay them back.

Or will you send a licensed electrician and pay $100 to reset a breaker?