Companies typically last only ten years on average.

If the insurance isn't done properly, it's on the edge of impossible to cash the check because it's made out to the lender, my company, and the seller(s). 

Quote from @Trent Reeve: well, a company would have to 50 states and build in integration functionality for 50 different systems.

The property is only 9 years old so that's why I put only $10k also, they are opening a new company that will employ thousands of people nearby so that's why I put a 6% income growth and only 3% expense.

I've had tax companies lie to me about this and I ended up wasting money on unnecessary entities.

It is not legitimate and I do not legally owe this balance, but have been unable to get it removed from my history unless I file suit against the company.

We learn to build relationships with people and companies.

I currently do Business Development for our property management company and work with all of the new owners and properties.

It comes down to how each county handles property tax valuation.To put it in generic terms - a title company & lender will base your initial mortgage payment on the property taxes of the previous owner.  

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...