I know some would say that it is the servicer's responsiblity to carry liability coverage, but that will certainly not prevent a suit from being filed against my LLC.I have some questions and would appreciate your feedback:What type of insurance do you carry to help mitigate these risks and who is your insurer?

This is added protection for the contractor to prevent charge backs. 

Does it prevent you from selling unless you abate/mitigate?

.- ceiling leak/stains in living room area.

Appliances need repairs,landscaping and prevention of bug infestations.leaky faucets and toilets need repairing,HVAC problems either whole property or just individual units.Always somebody with a problem that wants to accuse you of being a slumlord.

Admin: Why does the embed code not work...When I go to edit mode to write this message, the video is showing, but when I submit it.. video is gone...The flooring has stains.

Also, when signing the seller/agent contract, there are a bunch of disclaimers and no fault clauses in there to prevent just such a thing from happening.  

I'm a residential landlord myself, but this question regards a puzzling situation in my church's relationship with its landlord. The church has a NNN lease on a building that includes a shared parking lot. How the par...

And the owner attempting to replace the kitchen counter top.We want to stain the wood floors (living and dining room and stairs), add crown molding, replace flooring (kitchen and family room), and redo the master bathroom to start (approx $14K quoted from the contractor).We're now getting cold feet.

i.e. lock them out, move their stuff out, prevent them from getting their stuff, shutting off any utilities.