I completely get better safe than sorry, but it sure felt like a waste of $150. 

I'd agree with @Nick Ferrari on this one, play it safe so you can move on and past this onto the next tenant. 

Instead of banning them, add a clause stating that they will be stored and handled safely at all times, and at no point is the weapon allowed to be discharged in the unit unless it is for self defense.

I absolutely love it because within a 4 block walk, I can get to everything I ever need (literally), it's super safe, and the L is 3 blocks from me.

I would firmly say my criteria is geared towards a more safe investment that may not yield as much profits (newer properties in need of moderate cosmetic upgrades), but will hopefully be one that does not come with many expensive surprises. 

I am involved in a few other business ventures but nothing wild.Nonetheless, four months ago I decided to quit my "safe" job and start looking for my first off market deal.

Look up how to safely use the equipment on the internet.Good Luck!

You’d probably want to hold back funds in escrow from the sale until the time expires for filing a lien, to be safe.

I buy turnkey and have a few “safe guards” in place:- All of my properties are freshly rehabbed (lower initial cap-ex expenses)- Most of my properties have a vacancy guarantee with the PM company (if property were ever vacant for 90 consecutive days, PM pays me full market rent starting on day 91)I’m just trying to figure out what is “enough” for reserves, if there ever is such a thing, and balancing that with expanding my portfolio.  

(HOPIUM)   I knew that was high, but I figured $305-325 to be safe and there are comps 2 blocks away that show that.