I know that ideally, I reach out to my broker or any other reputable insurance provider to get a more accurate estimate.

That document they provided, with all the colored font, was a mess to wade through.

Another thing is the insurance is sent to the bank from your insurance provider and the seller should never be needed as long as the documentation has been completed correctly.This is why you must vet the law and title office you are closing with to make sure they know how to handle these transactions. 

google "all inclusive Deed of Trust" fantastic CA document we used all the way back in the early 80s If I'm not mistaken though a wrap would require the 2nd buyer to also agree to financing terms; which would be the same as me (the 1st buyer). 

A continuing resolution continues the pre-existing appropriations at the same levels as the previous fiscal year (or with minor modifications) for a set amount of time.[1] Continuing resolutions typically provide funding at a rate or formula based on the previous year's funding.[3]If you scroll down to 2025, you'll see the government is funded through 3/14/2025. 

For my clients, this SCREAMS of building equity, provided the ARVs would support the rehab.

I may be able to provide you with some information.What type of investments are you looking for?

There’s no risk and all reward because if somebody can’t provide ID, they’re not going to be able to rent from me anyway.  

The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

Again, this is only based on info you provided so there could be a lot more to the story for the good or bad but I can only comment on what was provided. not sure many are thinking rates are going to drop much in the next year.. seems like one would want to know how much they need to drop to see if the plan will work before putting good money after bad.