@Ryan Montbleau this is what we do:A bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

For me the less turnover costs were at least equal to any revenue loss as to rate differential between 30 days and 6 months.  

I believe that they'll have to provide evidence of the defect, the seller's knowledge of it, and prove that the buyer had financial losses because of it.

The basement renovation will cost around $300K.My understanding is that it doesn’t make sense to do a cost segregation study now because we don’t have rental income to offset yet (we’re operating at a loss).

I wish I had done a better job of protecting myself.

Receiving cash upfront from tenants with low credit is very tempting and may lead to a lower risk of financial loss.

When picking a market, look for places with good rent-to-price ratios and stable job growth.

They may have options that would provide coverage with conditions, maybe restricted water loss payouts, higher deductibles, or require water shut-off devices installed. 

U disclose your and agent just like this:"I am Licensed RE agent/Broker in ( name your state ) and I am buying this property for Profit or Loss"  boom just like that Never caused me an issue I think sellers when they see the loss part of this understand i could be making a boo boo :)

HYSA is boring, but boring is what you want for money that has a job to do in 3–12 months.