Two of my rental properties received hail and wind damage during the summer.

Yes if you have tons of reserves to cover yourself when the sh*t hits the fan, then sure....you can ride the storm when your are leveraged up the a$$ and it all tanks....but most people that are leveraged that high do it because they don't have the reserves sitting around.......they cant weather the storm for 2-5 years until they can break even again.....It surprised me how many people are back on the gravy train of leveraging the hell out of everything because it will never go south again....dangerous road.

This home is a 20-minute train ride to downtown San Francisco, although some corporate rental companies only have units downtown.Tyler - What kinds of areas would you typically target for a 30+ day VR?

Other wise Flip away and enjoy the ride. 

Jim Cramer among others are predicting 1 million per coin so get ready for a wild ride. 

Buyers that do not have physical boots on the ground often get taken for a ride -- see for example the "turnkey providers" and various threads lamenting that experience. 

No Free Rides!!

We have about another 3-5 years before we hit the skids again and with interest rates climbing and savings at an all time low and personal debt an all time high it will be a bumpy ride.

But at 3-4X the costs of a regular roof, and no guarantee that they will survive the next hail storm (the five year old impact resistant roof I replaced did not) I can't do it. 

The problem with these property management/inspection companies is that they many times take investors for a ride with their money.