With that being said, I have shifted my focus to multifamily and apartment complexes outside of our state and/or across the state in hopes of leaving behind the outrageous insurance rates.

These policies are complex.

Dont like the complexity and stress of fidning stuff in 180 days, the potential to get a bad deal sounds worse than having to pay 50k.

Driving through complex.

These are complex and expensive. 

If you are just starting on your journey, it is best to start simple and then add complexity with experience. 

Tax sale law is complex and there may be exceptions like if the trustee was not notified. 

I'm also not sure if us rehabbing their unit and having them come back to start a new lease in fall would add another layer of complexity.   

We learned early on that:-3 of the 6 buildings are in a flood zone-the current owner has a loan, this lender doesn't require flood insurance-1 building took on a little water at one point during the 12 years the seller has owned the complex. 

We learned that minimal repairs and cleanup can yield significant returns, eliminating the need for complex renovations.