Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

I'd also look into property taxes and what is included with that $800 condo fee (that is really high though guessing it may include weekly cleaning). 

I know I'll have to do major screening but seems to be very successful/passive as someone who at one time had 200 section 8 SFR rentals.. there is a lot of miss information about the program..

I would include it either as a lump sum at closing for the amount which is easier than charging it back to them on a monthly basis.We have "investors" who own a % of each mortgage.

The Homeowners Insurance will include Builder's Risk.

The risk is not including due diligence caveats in your offer, like inspections.   

Managing property can either be a lot of work or fairly hands-off—it largely depends on the property’s condition and how well you screen potential tenants.As for deciding between the two property types, it really comes down to your long-term goals.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.