I've seen insurance premiums for flood go up to 5-6k on a regular single family home depending on the area. 

Take notes to reference later.  

Quote from @Marc Shin: For my STR, should I be using waterproof LVP or regular tiles for the bathroom floors?   

@Ben Capone Thanks for that reference!

Exit strategy and appreciation potential in a market like , PA, which is a smaller town with modest appreciation.4) is there any tools or metrics with average I can refer to to analyze this.Would love to hear thoughts from anyone familiar with similar markets or multifamily investments.

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

Can I reject on income and lack of rental references?

Sometimes large employers will rent furnished apartments for their employees coming to town on a regular basis.Also, if you believe strongly in the appreciation of the house, how bad would the negative cash flow be if you did long term rental? 

@Dave FosterThis is the expert you refer to.

@Kenneth P FordRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.