If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

@Andrew NovitskyNever heard of themWhat turned me off is on their site they have education and merchandiseHow many funds have the launched?

Never built in Houston before so take my feedback with a grain of salt but I'd put money on it being impossible to build a duplex from scratch for $125 a foot (including everything from drawings, engineering, permit fees, general conditions, labor, material, landscaping).Out here in AZ the builder cost is going to be $200 a foot at best, but add 20% on top of that for the client cost.

So around $220k-$230k, plus at least 3 months reserves on PITI, which is likely another $15k-$20k or so. 

Generating a way better return on Investment.

The only exception is for on-site managers, like you'd find living in one unit of an apartment building and managing the building on behalf of the owner.

Wishing you the best on your investing journey!

Hi Dima, glad to have you on the forum! 

Get an umbrella policy for the LLC if you don't think you have enough insurance on the rentals.