Where will the get the cash if the furnace breaks right after closing?

they sure make it difficult to break out of socioeconomic barriers.

Our specialty is 2-4 units dwellings :)I might throw in another $50-$150 if I know something big is breaking soon.

That is very doable, especially once you start breaking it down into doors needed to do so.

In this case, even $1M only breaks out to $50k per tenant.Determining your Liability limit is not an exact science. 

Watch Brandon Turner's video on breaking down cash flow and returns. https://youtu.be/T_7vhsSBi7cThe VA loan is a useful tool for veterans to acquire real estate.

I think we are going to tell the guest I'm sorry we don't allow the dogs due to my daughter's severe allergies and offer to give them a full refund cancellation if the dog is a make or break kind of thing.  

Can someone is layman's terms explain a warm bodies guarantor.

The alternative is that the tenant finds a way to break the lease with less notice, no termination fee, and no time to find a replacement renter.

Sometimes you will get money back, sometimes break even, and sometimes you leave money in the deal.