As your Portfolio grows and evolves, so too do your insurance needs.

Across all the pieces needed to come together to pull a RE transaction off: Borrower - Lender - Insurance - Title - Sometimes Broker. 

The insurance agent complained about something, which I fixed.

Umbrella Insurance  is a good way to protect assests or some people use both .

This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

Does the insurance company feel comfortable insuring in that area, does the lender want to lend on this property... and so on. 

I am in talks with an insurance lawyer now, but how can I ensure to have max payout?

Property taxes and insurance are typically the two biggest recurring costs.

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

You’ll want to consider the purchase price, HOA fees, taxes, insurance, and the rental income you can realistically expect.