Did you send a notice to tenants outlining the work to be done, times it would be done , timeline for completion and offering an avenue to deliver complaints if any?

If not, then each of theseSituations is handled differentlyI would put them on a payment plan as they probably don’t have the $5k for the deductible Whatever you do make sure it’s in writing and clearly outlined and definedI would have an attorney draft it up as well

@Dan Perrott @Curtis Bidwell I called and spoke with my insurance company today.I am choosing to not require tenants to have insurance but will insert language outlining where my coverage ends and their liability begins.Thanks for your input.

Any outlines that are already premade or you wrote up your own? 

You CAN outline how close your property is to nearby bases though, which might attract military tenants to apply. 

This may have been too much info, but this is a general outline hopefully you found helpful in direct mail marketing!

This document outlines all of the terms of the sale, including how money is to be exchanged and when.

You should outline a BIG goal and ask yourself if a few cheap properties will help you get there.

This is not only for the reasons outlined by @Darius Ogloza above which I agree with 100%, but also because I've dealt with OOS tenants on units paying 1,000 for a small house.

If you buy a different type of property or in a different location, you will be excluding the segment you want.By following the approach outlined above, you can consistently acquire dependable passive income properties through a step-by-step process that involves little subjectivity.