I had two different tenants bug out owing me rent when I was doing longer leases.  

(hence your ability as a landlord to depreciate these things on your taxes).Yes, ACV policies are less and you can weigh your equity v. principal owed v. age of the house materials to determine if an ACV policy will pay off the lender's interest in the event of a large or total loss but this may leave you with little or nothing.

Paying down principal is one way to prevent growing too fast too soon and it lessens the chances of you overleveraging.  

After this, as a sales agent, you must associate your license with a principal broker for a minimum of three years.  

You might have to pay normal "rent" in addition to the tenants' rent to cover everything, but you'd be getting a lot of principal paydown over time, significantly increasing rents in the Bay, just below replacement cost (but including the lot).

We've crossed the first threshold of owing enough that future loans have to go through our loan officers boss first and I'm told when we owe more than 1 million (or 2 million, can't remember which), we'll have to be sent through a committee that meets twice a week for approval. 

You can certainly do FHA and I was thinking of doing that but at $500k your mortgage insurance will be another $500 a month on top of principal, interest, taxes and insurance.

Here is my situation:Bought a house in 2012 for 230,000 put down 20% and owe around 177,000.The area has appreciated greatly and the house is currently worth 350,000.We currently use this house as a rental property and also own another rental property and a primary residence.Can you give me some advice on using the equity in my rental to buy more rentals.

Just speaking for my own family, it feels very powerful to know that I'm not paying interest to owe other people money. 

Home listed for $500K (Total beater in great area)On market for over a month so clearly they aren't getting near that number2/1 900sfNeeds complete gut job and possible addition of bathroom and bedroom on same levelSocal remodel prices for a newbie ($175-200sf)ARV after the rehab $575KScheduled to be SOLD at auction 9/2, $387K owed on the house, $32K behind on paymentsWhat would you offer and how would you structure it?