Orlando, FL - First Condo Purchase

[John Bastidas]

Hi I am looking at buying my first condo in Orlando, FL and the analysis I have done so far gives me a 17% Cash on Cash ROI. I am curious about insurance, does a condo HOA cover roof and outer walls? I called to get an insurance quote and they gave me one for interior and one for exterior. The difference for the yearly premium is significant and would definitely change the ROI. Any education you could pass along would be greatly appreciated.