I know insurance in the foothills with timber etc and threat of wildfire has gone up all through the west.. but we are in Lake Oswego which is an urban environment.. when I got a renewal.. my insurance went from under 2k a year to over 6k a year..

Given the current environment of high prices and high interest rates, it is not likely that a taxpayer will pay tax on rental income for properties purchased now.

The owner’s $500k liability coverage wouldn’t have been adequate to address all the damages.An umbrella policy, often costing just a few hundred dollars, can provide an extra layer of protection and peace of mind by covering liabilities beyond your primary policy limits.

The S&P 500 averaged around 12% during the same time period when I purchased my first house.The greater cash flow was good for peace of mind only but served no purpose as I didn't need it.

It’s 200 bucks it’s not an amount of cash I’ll even notice when it leaves my account, and if all I get from it is some peace of mind it’s probably worth it. 

Quote from @April Rae: It sounds like you’re dealing with a tough situation, but there are steps you can take to resolve it while maintaining a positive environment for your other tenants.

These loans are what is working in this high rate, low Long term rent environment.

In most cases, I think if a tenant wants to leave let them go in peace and find another tenant.

Which tells you everything you need to know about the state of the property but the reality is that works in the current environment. 

I create an environment of scarcity & delayed gratification.