I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

Now the job is almost done and management company is asking me for work compensation and insurance say I have un-authorized job done.  

But insurance continues to be high due to frequent hail storms.

Your total project cost is only ~ $143k. 3c) Your interest rate is probably going to be in the low to mid 7s, at least4) All states/areas are different, but I usually see with my CFO clients that their property taxes are higher than their insurance, with taxes often 1.5x higher than insurance.5) Lastly, I saw PM fee of 8%, are you paying someone else to manage this?

Knob and tube is very difficult to insure. 

@Suzy FarmanHere’s what’s worked for me:Leverage Airbnb/VRBO: Many insurance companies use these platforms via third-party services.

Our mortgage at the moment is around $2100 including taxes and insurance, this would obviously go up if we do refinance.

For the first 10 houses (all residential single family homes), we would get a typical landlord insurance policy and our properties are owned in either my husband or my name (not through an LLC).

Regarding insurance, the only way we can get it is through the CA Fair Plan, and it’s steep.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).