The insurance policy does not limit your liability, it only offers the ability for the Plaintiff to recover funds.

Possible amendments: tenant alone accepts all liability for any harm caused by pet; no vicious breeds allowed; tenant must get rid of pet at first indication of dangerous behavior (this one may have a downside--it makes it seem as though the landlord has ability to remove the pet, which is an inference to avoid since it increases the possibility of landlord liability generally).

Single family houses are great due to their long term ability to maintain value, and if you buy right- provide income.

If it wereme if she has more than enough ability to pay above that 3x monthly income threshold and you can do a higher deposit and or first/last months rent depending where you are at I would definitely consider.

What I love is the fast shipping, consistent stock and ability to download an excel spreadsheet if your purchases.

Rehab could be from $75k-$115k depending on one’s plan and reaching certain numbers, but I am still inexperienced (please see my recent post on the new member intro forum to learn more about me:) and am not confident in my ability to estimate rehab costs.

One of the attractive points of commercial real estate is the ability to force appreciation through rental increases and operational efficiences.  

freedom to choose to be real estate entrepreneurs and the ability to actually do it.. once your put our mind to it.. 

If you want to keep the condo after renovation, but it's non-warrantable, your financing options infinitely shrink (as does your ability to sell down the road).Not impossible mind you, just a smaller set of lenders, both hard money and portfolio that will finance your project.

You have all the control.You could stay in your own Vacation rental for free for a period of time (add this to your agreement)Make sure of their abilities, don't rent to someone that this is their first attempt at a STR.You have little risk in this scenario.Get first, last months and a security deposit to further minimize your risk and screen them like you would a normal tenant.