Heck, I'm hearing more and more stories of contractors up and leaving in the middle of a project for a better.

I am under contract for a 6 plex (built in the 1920's) in a different city but in the middle of the state as well and I am getting quoted for 5K a year for insurnace.Is this what everyone is experiencing and any alternative ways to get some relief from that premium? 

Then you can spend the last 30 executing on your decisions from the middle 30.

In this venture I don't plan on taking any income (at least for several years) so I feel I can fall somewhere in the middle.

Single Family Home (East End Louisville)- Originally my primary residence ($209k)- Property is in our personal names (not in LLC)- Comps in the neighborhood are $285k- Built in 2002- In well established  neighborhood w/ middle income families- On 15 year 2.99% mortgage w/ 8 years remaining and $115k principal balance- Currently rents for $2,185 month/$26,200 annually- NOI $16,320- Cashflow $4,500/annually - $12k principal pay-down annual (current year)- Currently getting less than 3% return on our equityOriginal goal was to not cash flow but pay off property, allow appreciation, sell property at end of loan and use capital for additional projects. 

I think it would be best if they lived in a trailer in the middle of no where , but that is not likely to happen. 

@Maxfield ShepardHey man I’m still active duty and in the middle of my first flip.

Whether you are brand new like me, middle of the road finding your way in the business and looking to make more contacts, an expert looking to pass on your horizon of knowledge to somebody eager to learn it, or anything in between, go ahead and CONNECT!

I also invest in stocks when I see a middle to long-term opportunity (5-10 years), kind of like what I see right now in cannabis.

so someone in NY manhattan area who can afford to live in duplex may have less replaceable jobs that someone else living in middle of nowhere. but eventually most of jobs can be replaced by machines.