There's a party wall agreement in place, and our HOA is very limited—they don’t carry any master insurance policy and only handle trash and some parking enforcement.Here’s my concern:What happens if my tenant accidentally leaves a candle burning and it causes a fire that damages my unit and a few of the neighboring units?

I am seeking legal advice regarding significant issues caused by negligent and substandard work performed by a general contractor (GC) on a single-family home I purchased last year.

We only do business in Metro Detroit area, so DM us if interested.Here's some other helpful advice to succeed wherever you invest:)The Real Estate Crash of 2008-2010 caused real estate prices to crash across the country - but didn't affect rent amounts.

Late tax statements – Every year I was forced to file a tax extension due to late K1 delivery, causing additional stress and uncertainty around my tax planning and potential penalties.

The call has gone out 100 times for any BP member to report a case where insurance didn’t cover them but the LLC caused them to only lose the property.

- How did they get out of control and start causing you stress?

A bad tenant can easily cause more than a year of rent if damage.   

We are now in the process of looking to hire a tax attorney to help us resolve the issues caused by his mistakes. 

Does Investor A have assets worth the pursuit of a plaintiff's attorney if insurance does not cover the harm? 

My guess is in upcoming years as the baby boomers start passing away there will be a glut of 2-5 year old properties available which will cause the builders grief.