If you buy something without a lease in place and rent comes in lower than expected you could lose money on the project.This is why for me to buy land not entitled it has to be dirt cheap so that I know if the premium tenants pass for the site and I am left with franchisees and unknown mom and pop tenants I can still rent out for lower rent and make good money.

Maybe she thinks she'll get out of some of the "expenses" by getting a home warranty but then you'd have to account for that premium, deductible, etc. 

I can't tell you how many times I run across a policy that was written wrong and the client has been paying higher premiums then they should but their agent doesn't know.

BC: The $24 Podio Premium product includes built-in Texting through the "Globiflow" feature that is included.   

Those folks seem to want to have dogs and we have charged a premium for it.  

He was able to write a policy with a lower rated company with higher premiums. 

North/South you have gangs and shootings and even at the U street crime is now common (my stepson goes there now and sees groups of 10–15 kids running up and stealing bikes, robberies, etc) that combined with all the new student housing that has gone up and still has low occupancy makes us weary of long term investment in that area.Uptown, far North, far South, and NE are still in play, but with Mpls they have some risk and need to have a premium factored in.

In which case you'll need minimum 5% and will pay a CMHC or Genworth insurance premium which can be as high as 4% of purchase price. - Along with house prices, rental prices have dropped as well and haven't bounced back to where they were about 4 years ago. - You're unlikely to find a single family home that you could get to cashflow unless it's an absolutely incredible deal.

Even if you have to pay a premium for the side by side duplex it's well worth it.

Future: I think i can move the in laws to another location they dont need premium address + might be cheaper to buy a house then pay rent.