In the policy "Residence Burglary" is $78 per month with limit of $5000 coverage."

Tell them about the abandoned stuff, where it's stored, the 18-day limit, and any potential charges.Talk to your tenant.

Getting a quote on hazard insurance is another great idea as well.This investment comes with more risk than I would like.

Moving foward: 1) Enter into month-to-month leases instead of yearly (term) - they are the SAME to YOU but month-to-month give you all the leverage should this occur again in the future. 2) You should add a clause to elaborate on and expand on the current 'Noise/Waste' clause and the new clause should focus mostly on nuiscance and violation of other Tenant's quiet enjoyment and the remedies (fines) leading up to eviction if the issue is not corrected. 3) You should add a clause to protect yourself from the other Tenants (the good Tenants) ensuring to clearly spell out that you are not resposible nor do you guarantee that other Tenants will abide by the lease nor is it your respobility to enforce the lease vs. other Tenants, nor do you guarantee safety. 4) This is the most imporant one that will fix most of your issues: Because you are adding #3, you will now add yet another clause that gives ALL Tenants the right to enforce the lease in regards to your new 'Noise/Waste clause 2'  against any other Tenant who violates it and will idemnify you and hold you harmless, ensure to limit the right to only the pertinent clauses ---- essentially, if Tenant A complains to you that Tenant B is making funny faces at them... you can inform and remind Tenant A (in writing) that if the issue is a problem they have the right to pursue legal action vs.

Joining a local real estate group on Facebook isn't a bad idea, so that you could ask other investors their recommendations.

His response:  "I had no idea, I am sorry".   

Great idea.

Whether you've got years under your belt or just a few successful deals, I believe we can all learn from each other.If you're in Atlanta or the surrounding areas and interested in exchanging ideas and experiences, I'd really appreciate the chance to chat.

If you’re looking to go more of the passive route, you may want to look into investing in syndications as an LP(Limited Partner).

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.