You will learn enough to have some general knowledge so you know what things (if any) about this might actually really interest you, paying the monthly fees will get you off your butt to do something with that license and worst case you'll make all the money back you spend on this endeavor when you get to take the 3% buyer's commission home on your next RE purchase.

Are you spending too much time on things that have no long term worth?

So, while you may spend $5000 if you replace everything with new stuff, its not likely that's what you would have been covered for even if you did have coverage.  

As a web professional, who spends a lot of time online, I've never seen a community of users so willing to offer assistance and information.

All too often, new investors either overdevelop or spend their money too fast - both of these behaviors derail their plans and stops them woefully short.

Tenant moves and you have one month of vacancy and re-tenanting costs.You release for 600 but spend 2,000 on the remodel because tenant lived there so long and lost 550 in rent.

All too often, new investors either overdevelop or spend their money too fast - both of these behaviors derail their plans and stops them woefully short.  

Many new investors start off "too hot" and end up overdeveloping their first property or spending their money too fast - either of these behaviors will preclude you from achieving even your short-term goals and may knock you out of the game.

I don't stress about them, I don't spend any time on them, and I get some lovely cash each month from them.

spend 20 minutes with a good real estate agent zillow has pretty pictures but is always a few weeks behind on comps  Chase has a property calculator check it out ',but a real estate agent would be the best choice https://www.chase.com/mortgage/mortgage-resources/...