I'm contemplating dropping my equity top end to 90-95% just to see if I get more callers who are still paying and therefore may theoretically be slightly more motivated.

or one only works after she drops off the kids for school then gets them off the bus in the afternoon.  

Has anyone dropped their Insurance themselves and became 'Self Insured'?

While it may be obvious that you can get a house back that was improved, what if your borrower drops dead and you then get into the construction business too, bankruptcy, incapacitation is even worse! 

A side note, when you try to tag someone, type the @ and then the first 3 letters of the persons name and a box drops down to select the persons name to tag.  

I assume that you have never had a property where the gross income dropped by more than 30% before... 

> To each their own, but most of us buy and rehab or otherwise get a good discount to market, so not sweating a drop too much, especially w/ cash flow..

When you're dealing with higher priced markets, this can easily drop to the 1-2% range.Lots of details in that generalization, but a $100k house in one area has roughly the same maintenance costs as the same house in a $400k area.  

Even with now 12K cash flow, the unit is worth now 80K and a drop in price of 20%?  

There is plenty of pressure, preventing rates from dropping further.