The people in the building also refuse to get earthquake insurance, which freaks me out.

The Anytown branch of ABC Title gets hit with a $500k title insurance claim for widgets.

The ideal candidate would 1) be a continual source of deals, 2) able to connect me with investor specific contractors, inspectors, property managers, landlord insurance companies, etc in the local area and 3) make these referrals based on personal use of these individuals services.I already own some investment property, however that property was purchased using the traditional approach.

Water, Electricity, LLC formed, Title work, Insurance, final walk through at 5 today ect.

If the rent barley covers the mortgage, then you technically are loosing money when you factor in insurance/taxes/ repairs & maintenance.

I am analyzing lots of properties for BRRRR - how do you know how much insurance and utilities will cost?

Insurance will be paying rent and they say I can screen the tenants myself still.

Still working out the details.Collateral assignment of life insurance has been around for a while, where a bank/lender uses a life insurance policy as collateral for a loan.

I find the additional protection excessive if you own, let's say 5 duplexes all with liability insurance policies on them.

The best thing you can do to protect yourself is to get title insurance.