@Ted Akers  got it.. since It was not my business model I just fast forwarded to your default position..I have a proctor insurance account so I can insure for monthly fee. so house was protected for the few days I owned it. 

So, I don't understand what the business model is here, but I'm getting tired of wasting MY time, trying to respond to THEIR solicitation.  

Collecting the rent 1930's style.

What sort of business do you use it for, and do you think you might choose something else if you had a different business area/model?

Examples would be incorrect square footage, incorrect year built, incorrect style of home or materials.  

The more concerning thing to me is that you've modeled insurance costs as fixed.

You may pay a bit more and make a little less, but playing the long term game is key in real estate.The types of structures could be lump sum (one price) or cost plus (meaning you pay the cost of material and labor plus a flat fee—more of an open-book model).I see some investors who want to pay for ALL the materials, which is excellent for the investor (more control of finishes & cost) and general contractor (if they are getting paid well).  

Hi Alex,I design and style Airbnb's.  

The bank used a comparable sales model.

This all goes back to attachment styles and my business partner is hung up on that.