I’ve been investing in Detroit for years and built my 12-door portfolio there, generating $16K/month in gross rents.

Hi Rob, welcome to the Bigger Pockets community! 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

Welcome to BP, Angelyn! 

Verifying last 2 years of rental history very important!

Other companies have come in person to do it.Every year, I get new 4-point inspections on ALL of my properties and send to my agent to re-shop my insurance rates. 

And the ONLY people being foreclosed on have to have purchased very recently and have zero equity.

I did a check on a guy 10 years ago came up clean as a whistle on my landlord association screening service.

@Neshera Nasir It looks like you're going to rent each unit for just over a $1,000 per month, is that right?

I have worked with Michelle for a few years now.