Fire/Dwelling is what it's called.

Since it usually is placed on your primary home and can be a potential risk to your place of dwelling, I would put a priority on paying yourself back.

Hope and faith is what defines the human race - but, assumption is mother of all foul-ups.

Apparently there is a rule that if you own more than 1 rental dwelling in the same building, the tax rate is classified as commercial as opposed to residential.

The issue with elected officials and sports types is that they are more prone to vandalism, sometimes attacks.Usually, for lesser expensive dwellings, a sufficient notice and disclaimer concening their belongings, etc. are not covered and if they desire coverage they must obtain tenants coverage.

Turning a SFD into a rooming house may have issues but not serious as most ordinances seem to go with no more than three unrealted paties to a dwelling.

3-6 month Vacant dwelling policy through USLI, Foremost or CSE for the dwelling/liability and a builders risk policy for the work being performed.

Or, just buy single family dwellings and be prepaired to sell.

I'm lucky to get a $850 quote on $100,000 on dwelling and $500,000 liability.

Excel or a financial calculator is essential and actually running the numbers on a prospective property is better than a rule of thumb.Anyone who cannot cope with mathematics is not fully human.