Throw the 50% rule out the window.

If I finance with a bank, they will definitely make me carry flood insurance, even though I can mitigate the risk in other ways.If I end up holding the deal long term, I will try to find a private lender who is willing to accept the mitigation (landscaping, retaining walls, exterior French drain, potentially hold an escrow, etc) as opposed to throwing that kind of money away every year on an insurance policy.

Whether it's gains or not, its throwing real money away, IMO.

. : ) Your little girl looks cute.I would look at your assets left to you and see if you can put the assets to work in alternative assets that throw off more cash flow.All the land left to you see the value for both as to the zoning AG, etc. and path of growth and who is the potential buyers.

I actually learned not to throw away old materials by tuning in.

It may throw up red flags to lender..

I am no HOA expert but I do not know how legally they can rent out something they do not own unless they made an agreement with the bank that owned the property in return for back dues and penalties owed.You should have been informed of this prior to buying.Maybe throw a few hundred at a local attorney to get papers reviewed for advice.

If the buyer wants a home warranty, then they should buy a home warranty, or at least ask the seller to throw one in when negotiating the purchase price.I have to say that I'm really on the fence about this.

When you're the one paying the mortgage at a certain point it becomes throwing good money after bad in terms of hitting your targeted return.On top of that when things get bubbly fundamentals don't matter until they do and then they matter a lot all at once.

Your entire family can sleep at ease knowing that when your tenants are throwing parties and someone falls off the front stoop or down the stairs and they sue you because the stairs were slippery.. you will be grateful.Just like car insurance.