I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

We use Hiscox for our insurance with our business, not sure if it works for property but its worth a try. 

I purchased flood insurance on a Zone A property in July this past year on a house that had previously flooded. 

This is what renters insurance is for.

Add in unexpected rising expenses, particularly insurance. 

We're getting nailed in auto insurance too.Any ideas why these states?

Most lenders will also look at debt coverage ratio which limits leverage at this time due to higher interest rates.

Would appreciate the insure.  

Insurance was really created for catastrophic events (fire, flood, etc) not for small claims.

@Elaine Ericson ugh - yes insurance would have covered this but without it, not much you can do.