I believe with most carrier sin OK you're looking at minimal 1% deductible for wind/hail with some going up to 5% of the dwelling amount.I have people ask me all the time if they can just remove the wind/hail coverage and I have to remind them that covers more than just their roof. 

Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.

Low closing costs, with minimal documentation and competitive rates.

Low closing costs, with minimal documentation and competitive rates.

Active management vs. passive investment is one of the main differences between a DST and a 1031.Understanding the Differences Between DSTs and 1031 ExchangesInvesting in real estate often involves exploring various strategies and tools to maximize returns and minimize tax liabilities.

Thanks.the key to achieve great result is not maximizing rturn but minimizing risk.Chris is right when key is diversification. 

Minimize expensesMaximize income is a distant 4th.

As others have mentioned this is a lot of risk with minimal upside, I am not sure it’s the best investment in my opinion. 

This method not only ensures efficient funding during construction but also minimizes interest payments, given that construction loans typically extend over 12-18 months with interest-only payments.After the first year, my expenditures are as follows:Land: $200,000Construction: $600,000Interest: $60,000Total Investment: $880,000Here's where it gets interesting.

Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.