The type of info these agents will need are:1. copies of the existing policies2. loss history for the past 5 years for each property and your personal coverage.  3.

Of course replacement cost will cost more with it providing more and better coverage.

In terms of taking on more liability, it boils down to what insurance will be less expensive and looking at what we are having to pay through the HOA (for insuring the aggregate of all units), it will likely be cheaper for owners to purchase individual HO3 policies to cover their units (as townhouses) as the carriers would not be taking on the risk of the entire $100M+ in aggregate replacement value, and the owners can take out policies for individual units with a whole range of carriers vs the HOA trying to get coverage through the secondary market.  

If you're looking for a quick and effective way to get through the content on your own terms, this is a great solution.Something I found surprisingly useful was getting a supplemental test prep program after first finishing the accredited coursework.

Different investors swear by different criteria, whether it's IRR (and the closely related NPV), cash on cash, the debt coverage service ratio (DSCR), the CAP rate for a property, or some other metric.

umbrella policy is usually associated with your individual coverage. it's a secondary policy in case the first one is not enough.   

Primarily, I'm leaning towards conventional lending, but I'm also considering the Debt Service Coverage Ratio (DSCR) loan type.

I would not leave my current job without my wife having a decent income supplemented with rental income as well.

HI Brandon,Have you tried looking into a DSCR (Debt Service Coverage Ratio) loan?

For my clients buying this as a vacation rental, even if they got coverage and could rebuild after a fire, the value of the short-term rental in Colorado would be ruined b/c no one wants to visit a scorched mountainside.If you're an agent like me working with STR/second-home buyers, or your just buying yourself, navigating the wildfire risks and other natural-disaster risks of a home are now part of the transaction.