Claims normally paid prorata with priority to secured lenders.

East coast gets higher normally because of foreclosure risk.. not the risk of foreclosure per se but if you have to in some states it can take years.

There is normally a partial release premium that requires you to pay additional proceeds towards the remaining properties in the loan.

If so, that will be insured normally under a Dwelling Fire policy. 

There are no interior pictures on the listing - none and no viewings.Price of property is pretty interesting though. ( I am not a fan of gambling )How i can see inside of property ?

.), and one with snacks at normal vending machine markups (buys either at Costco, or whatever he finds on sale).GL.

@John Underwood what you wrote makes total sense but, as you know better than me, finding a great ROI property in the US ain't easy anymore with the new normal when it comes to interest rates.

You will need to invest in a syndication that has a TIC(tenants in common) structure set up.Since it is more work for the sponsor, they will normally require you to put up more funds to make up for the extra work.

Let go - Stuff will break and go wrong, remember it is vacation and not life or death (normally).

Additionally, consider working with a realtor who specializes in investment properties; they can offer valuable insights and help you navigate the process more confidently.Remember, it’s normal to feel uncertain when making your first property purchase.