Allows owners -- who fortunately had more than enough insurance -- to be sued personally. 3.

Fortunately, I got the replacement under contract before the sale of the relinquished closed...I know I would be stressing too if my 45-day clock was ticking without something identified.Can't help with the direct question, but a couple of things to consider:1. 

I kick myself for not buying them at the tax sale, I could have bought 100s of them and be making a fortune selling them right now. 

You are very fortunate to live in one of the few states that does not require a resident state income tax.

Fortunately, there are a lot of homeowners with similar setups (house with ohana).

I'm fortunate to be inexperienced when it comes to insurance claims.

Much higher for real estate vs. stocks if owning for short periods of time.S&P 500 management costs NOT included, real estate management costs includedI wish we'd owned our portfolio for 50 years, then we would have much better date - and would have amassed a fortune :-)What are your questions and conclusions from the comparison?

Narrow Vertical Approach - Defined as the 'fortunes of the investor are interwoven with and dependent upon the efforts and success of those seeking the investment.Answer: Yes. iii.

Our household income together would be $55,000 per year plus an extra $10,000 in school refund checks because we both were fortunate enough to not have student loans.

Fortunately I am in a position to buy for cash and job is not a concern yet.