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A lot of section 8 renters go straight to their case workers with issues like this and it becomes a lot bigger deal than it needs to be.Just do the treatment, cover up the holes, and move on.

Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but set aside a percentage to cover reserves, CAPEX, vacancies etc.

I will eventually flip it once its cash flowing well and 1031 into something a bit bigger.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Scaling is fun but the more you add the bigger the risk is.

(The other scammers are from posts here on Bigger Pockets from people with similar situations as mine) McMann Commercial Lending, Walter Trock & Michael LanzaGenie Investments - David Hughes and Mike ConnerSilversky capital out of Lubbock, TX.Jerry Yang and Guatam ShahSmartZip - Smart ZipAmerican Money Loan ServicesTom Vanderlaan.FLIP AND FAST LOANS LLC.Also read this post.

With larger projects come bigger budgets, and tracking your cash flow becomes essential for profitability.

I sold a smaller property and was able to use the 1031 to purchase a bigger property and that deferred the tax.

. - Aggressive strategy will buy a cheaper house, which is why it results in bigger cash on cash ROI.