In MA, you can usually get insured with Fair Plan with certain pets, but it is VERY expensive.  

So yes, at one point or another (and fairly soon) the government (local/state/federal, "big" or "small") can coerce clean up.Your scenario depends on responsible owners/insurers with assets, Jim.

I recognize not everyone gets this but my margin is wsj prime plus 0.5% which currently is a high 8.5% (8% + 0.5%) but fairly recently was competitive with mortgage rates.  

Fortunately our remedy was fairly simple, large floor fans and new ceiling tiles but it was a massive inconvenience and the damage would likely be much worse if it repeated in units in other places.

And this all gets worked out before the contract is actually accepted.Why Your Agent Matters: Common misconception that agents are door openers - to be fair most act like it.

You need to properly maintain all this structure or it just gives a false sense of security.Secondly, why all cash? 

I tend to hang out in the Tax forum fairly regularly so I may be one of the first ones to see such a thread or post. 

You can get these up and running fairly quickly, and streamline the process.

Work with a CPA for tax strategies, leverage each partner's strengths, and keep communication open while maintaining detailed records and hiring professionals to streamline operations.Good luck!

Apply it fairly, but stick to it.