There are hundreds of counties in the country and if you are not familiar with them all, you might want to rephrase things as most or the majority of the time x happens. 

With the mortgage and PMI included I would probably net around a few hundred a month.

Shop around and you can find something for as little as several hundred dollars.  

It's not circumvention as I've got a well documented history of hundreds of transactions for more than a decade prior to Dodd-Frank all using the same basic methodology. 

He supposedly has done several hundred flips and owns over 50 rental units.

I have personally watched him make a couple hundred thousand dollars off his friend/fellow investor's money in a one-day transaction.  

Most of us blow through hundreds of dollars a month on fancy coffee, eating out, car payments, the latest gadget, fancy clothes, what have you.  

We always recommend if the claim is $2500 or under you should take it out of your pocket, not turn it into a claim,  if the claim is $2800 you will pay that amount back plus a few hundred more over a five year period.Not sure what kind of pain the tenant would experience with a small piece of drywall falling on his or her head, Personally I would question it, understand we have the right to refuse to pay a claim, sure the attorney could file lawsuit against State Farm, where would it go, not far, would never go to court because it would be turned over to the fraud department inside State Farm, this would be held against you, not the tenant since you are the policy holder.The tenant is trying to gain some quick cash.You stated you are planning on making the tenant pay for damages, the tenant does NOT have to pay any invoice you send him unless you had it in writing in your lease, which I'm it's in there.

My wife and I paid several hundred dollars to see Depeche Mode last year (at Staples Center) and our seats were nothing to brag about. 

I have been very cautious in this entire thing and for these 2 notes that he does currently have there are HUNDREDS of other ones that we threw out of consideration for one reason or another.