Anyone within 50 miles of the ocean or a major river needs flood insurance.

Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k  insurance payout.It is a builders risk policy for house flipping.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I know, shouting out a different organization on their own page but they provide a very swift and understandable process for anything you may need help with.  

But, the far majority of our experiences have been that they are very entitled, argumentative, and are very hard on the property.

I have one major question for this.

I've found this link (in Portuguese) which seems to describe the refinancing process.Do you know if the major banks are usually happy to do this?

- Opportunity is that home prices in Austin have been at record highs since COVID but the election and interest rates have created a major buying opportunity.

(Meanwhile I had to pay a "rent" that went into an account for major repairs) Me wanting a nice house to raise my children put a LOT of my own money in for cosmetic repairs and the house is now worth more than double the original purchase price. $219k - now $500k market price in very southern Maine/NH border.

There is major value add potential on the land itself with more amenities to build.