Naveen Kumar I Own a property with near identical numbers to what you posted so thought I'd comment.

The original developer of this project built 6 (almost identical) units and now there are 2 more in Pre-Construction, so we are in a unique situation in this deal because currently there are 2 more active listings + active listing of 1 Pre-Construction + 1 Pre-Construction is pending.

Yes, it was nearly identical, but had no garage.  

And I'm not sure that you have looked closely enough at the numbers on your Reverse Exchange, or the identity of the property as "vacation."

After I can verify their identity I give them the code to the unit.

My entire project cost is $235,000 ($145,000 purchase + $90,000 rehab), and I *definitely* want replacement value plus theft/vandalism coverage.I've gotten quotes ranging $170 to $209 monthly, but that seems really high to me.

Funny enough, someone else made an almost identical post yesterday, but asking for tunkey properties and he was given the same numbers. 

v=2BNfRtb7TgY I've had people try to 'negotiate' away their PMI with me using a BofA quote (I've seen that article you linked many times, it was a great paid advertisement ahem excuse me 'news article' that went viral), and it's always identical to LPMI given the pricing on the day the "no PMI" Loan Estimate was generated.

I've never purchased a deal this big.Here's the basic deal:I have the option to purchase 6 almost identical duplexes as a package for $770k.  

Some important coverages gained under the Special Form are Water Damage (from a burst pipe for ex.) and Theft.