If you home is old, then depreciation on the materials can prevent you from receiving thousands of dollars on your claim.Fortunately, DP 3 insurance is replacement cost insurance.

However, city code is preventing me.

But doing this also carries the burden of administering the multiple entities and observing the corporate formalities so as to prevent "piercing" of the liability shield.  

I would like to begin soon in order to prevent myself from staying in the researching stage too long.

Usually the real estate taxes are small, with no roofs to leak or plumbing to clog, so land can be handled without a significant cost - whether time, dollars or maintenance.  

I have a duplex in West Philadelphia's University City area. The property is all electric, no gas. I am having a challenge with one of my units. It is about 1500 sqft, 3stories, 3br, 2ba and being heated by an electri...

An overflowing toilet isn't a leak, it's a clog/blockage. 

I've been trying to sell this place for years off and on and would love to just have it gone-I don't want the insurance issue to prevent a sale.Does anyone know how that will work with the insurance claim?

I have a break lease fee, a repairs deductible (prevent the time wasters)Every-time that you place a tenant you are taking a chance, gambling that they are level headed people. 

However, Bernanke did an excellent job in preventing another Great Depression IMO.