Quote from @James McGovern: I am interested in purchasing a few condos in Florida and want to understand if there are any insurance products that cover the rising cost of HOA assessments? 

It's usually not a lot, but I've had to replace a broken office chair that was only 2 years old, had better quality bed pillows been switched with cheap Walmart ones, and had a blanket go missing. 

This is because there’s a lot of 2,3,4,5 bed homes in Orlando and very few 4,5 bed homes here.  

I personally wouldn't buy a 2 bed house for $100k all in in Detroit.

Pennsylvania is still the fifth largest state after CA, TX, FL and NY and covers a large area with different sub-economies. 

These are sunken costs even if no one rents from the MTR operator or if MTR rents don't cover monthly costs.4.

I'm fairly new to the real estate game and currently have 2 properties; 4 bed 2 1/2 bath renters have been in there going on their 5th year, and a new 3 bed 2 bath we're looking into using for a midterm.I work as a radiology manager for Methodist and been with them going on 10 years.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Typical charges are $150-$250 for a 3 bed 2 bath turn.3.

I'd minimize the risk of having negative cash flow in the first 12 months when things are the most unknown and I'd be able to increase the gross rent of the property which should give me a better loan or at least bigger margins to cover my risk for negative cash flow.