I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112  thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.

This is a conventional loan where they also cover your PMI (private mortgage insurance).

Their funds are very diverse in mobile home parks, self storage , industrial, Multifamily, etc   So they are like a fund of funds.

The Forest industry is one of the most corrupt industries.  

If it's in a high tax /flood area taxes and insurance could easily be 5-6k or half that then with title insurance points and closing it could make senseWhat is the breakdown ?

Attorneys are very tight with title insurance companies so you won’t have to look far. 

Insurance and LiabilityWhat type of insurance is required for a renovation project in Chicago?

In our trade, I would not expect any owner or GC to get this correct since our industry is extremely specialized.

Also, can you say more about landlord vs renter’s policy on insurance ?

Insurance is expensive, there is a lot of extra maintenance like painting or electric in common areas that don't apply as much with smaller units.