I’ve never needed all that.”And she wasn’t wrong.

., then you are in the wrong business as there is a lot of this type of risk in real estate. 

You went immediately to the tenant, but I would say you are looking in the wrong area.You said the fire was pretty significant. 

landlords/investors that buy into low value C D assets in toughest parts of the toughest towns in the US are clueless of how their tenant base lives their lives and they try to manage the manager like they own a A class home with a 720 plus fico tenant and live like they do. they just dont know what they dont know and have no clue as to how the lifers ( life long tenats ) live there lives so when these issues come up with their properties they will many times make the exact wrong decisions regarding them and make their issues worse How can we get your message to the masses?

Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, etc.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

But their could be a case that it would be simpler due to proximity.There's really no wrong or right way to do it, the best thing is that it seems to be flexible. 

There’s no right or wrong — just depends on what outcome you’re optimizing for.

I've seen a large surge of multifamily development deals come up in Alberta over the last 4-5 years. ( for the seasoned investors ) In your  opinions this market - is it too late to start getting into development whil...

Maybe I am wrong.