I too, like you have been just soaking up information--reading as much information that I can absorb.   

It was insured with AccessHome insurance and it got dissolved and later absorbed by Safepoint.  

I'm sure you can do math and see why that would be a very, very bad thing for someone with only 1 property and no real way to absorb that loss.

I think for first property, I wont be able to absorb the losses; if I was diversified and had multiple units, I could make a riskier investment. 

Let's hope i didn't miss anything, but there's enough meat on the bone to absorb any beginner mistakes (I hope, lol).

I think $7K is the most expensive single outlay I have had to absorb for replacing a sewer line through a bunch of other utilities. 

Fortunately I run a large enough business to absorb the loss here.

Otherwise in some locations 6% is absorbable fairly easily, as in LA, it still has extremely low inventory I think. 

Doing so will allow you to absorb Any "move outs" and you'll replace them with people at higher rates anyways! 

The market is still absorbing a lot of the new units brought online in 2014 - 2016.At the recent NMHC conference I attend, Houston was designated as the "most concern" apartment market in the US.Keep in mind, this is for large deals, typically 200 units and greater.