Property Taxes, Insurance, etc...for Investment.

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Hi BP friends.

Super excited, just today I received my pre-qualification information from a lender. Although I wasn't particular worried about being approved, I am a bit shocked at the numbers. I'm wondering if anyone can help, it seems like I'm missing something.

I generally estimate pretty conservatively, but I've missed by a mile.

Property tax? Is the rate or tax different if its not your primary residence? Sorry if this is a complete rookie question. Are there exemptions to which you don't qualify for as an investor that make the property tax nearly double?

Same thing with Home Owners insurance, am I looking for that to be way off as well?

I'd be very excited to learn if there were any other catches I hadn't found involving fees or pricing. Also, if you could share any math, that'd be really helpful for my nerd side.

Thanks again, happy Tuesday.