Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

If it ain't broke don't fix it.You have a mortgage and insurance.

Before maintenance/cap, insurance, misc 107% of rent. 

In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc.  Our rental properties are listed as well, but those are owned in an LLC.  It didn't...

If the tenant is requesting a cosmetic upgrade, you have no obligation to do it.

You will always have taxes and insurance and maintenance and capex anyway, so how much better will you sleep because you eliminated one of those expenses?

@Drew SygitTHANK you so much for the feedbakcBased on the information provided, the seller’s reported expenses include annual electric, gas, water, sewer, real estate taxes, and insurance costs.

Insurance rates stand to rise dramatically, so the question is "will the insurance rates go up enough see rentals go into negative cash-flow situations?"

@Jason Porto6-12 Months of Expenses: Many investors aim to have 6–12 months of property expenses (mortgage, insurance, utilities, and maintenance) saved. 

Also in my property folder I'd include a "Insurance folder" for anything insurance related.