Loss Mitigation and a Legal Department.

Most claims aren't total losses, so if the house is in a depresssed market and sells for say $40k and has a fire in the kitchen...could easily be $20k in (retail) repairs and they're getting premiums on $40k, the math doesn't work like it normally would. 

Now I've been told that I can write off many of my expenses, but since I have not generated income yet would those be considered a loss I assume? 

Even if I just break even or have very little cash flow, as long as it's not a loss it's effective . 

The thinking is, that although they are taking a loss on the note, something is better than nothing.

I use the passive losses (depreciation) to offset some of my passive income (i'm a passive partial owner of a small business)So, for me low teens CoC is great.  

I'm the optimist and I think the market will figure out what to do with the excess labor that'll enter the market place with the loss of jobs due to automation.

one must weight those.

I can take a small loss monthly on a house hack that I live in but not a straight rental.Anyone with insight or experience with a similar setup please let me know.

I'm kind of at a loss of what to do and they don't have a customer support number either... gonna send an email I guess :/ just another delay.