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 :)

Which is double the loss of if you would have just rented it day one at $1,375.Just my thoughts, plus you can always raise rents after 6M or a year to match the market if it picks up. 

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Hi Joshua — when you’re choosing a CPA for real estate investing, here are a few key things to look for:• Someone who actively works with clients investing across multiple states — that’s huge for correct filing and strategy• Experience with cost segregation studies and how they flow through returns (especially if you use bonus depreciation)• Understanding of passive vs. non-passive activity rules, so you can actually use your losses instead of watching them get suspended• Knowledge of short-term rental tax rules if you’re in that space — the material participation tests work differently and can save a lot in taxes• A CPA who meets with you during the year, not just at tax time — planning beats reacting every timeIf you ask these questions in your interviews with CPAs, you’ll be able to quickly separate true real-estate specialists from generalists.Hope that helps — and good luck with your next purchase!

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

If you can't afford to rebuild on own & self insure total loss then it is worth the price for your own protection. 

As with all the other investors with CALM INVESTMENTS was never compensated for any of my losses, which was every penny put in his Company.

I ended up taking a 15k loss after stupidlyletting them manage my duplex, 6 months into our term.

From a tax side, that $1,000 loss isn’t really a loss once you factor in depreciation, that non-cash expense often turns negative cash flow into a paper loss, which can help offset other income depending on your situation.You’ll also build equity through principal paydown and appreciation, and those property taxes are fully deductible.