Maybe because the underlying assets behind EVEN THE MOST STABLE ‘assets’ are really just ticking time bombs.

@Olivier LePage - would you say that's a good choice of neighborhood to get stable tenants and hold value for a longer term?

The off the shelf renters policy is a package policy which includes personal liability in the states.

Charlie, I know a guy here in Houston that does something similar, but he runs a company that raises money from missions-minded churches and members to fix up and manage 4-unit complexes for ministries and people who need stable housing.

If you are looking at buying a condo with a mortgage in a nice neighborhood and renting it out, you'll probably get a decent return on investment and stable income. 

Also go back to when the property was stable (if it ever was). 

Here are a few posts that could help here:  Questions for Hard Money Lenders,   How to Vet a Private Lender,   Due Diligence on Private LendersDo obtain independent references and referrals from other borrowers as best you can, understanding that borrowers often hold their best lenders as close to the vest as they can.Do maintain a stable of lenders you can pick and choose from as your properties, and their lending criteria, fit.I don’t care how big they seem, until they’ve proven themselves 110% reliable, do make sure your lender has the cash available to lend.

For example, as an apartment complex investor, you would want to further narrow down whether you prefer to invest in value add B/C class or you would prefer a cash flowing A/B+ stable asset.

I was able to prove that the rental income that i was seeking is stable, which represents as another source of income aside from your main job.

Quick info on me, I am a 25 yr old. veteran with a stable decent paying job.