Purchase Discount: It's crucial to buy properties at a deep discount if you plan to BRRRR and get cash back.

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

@Mohan Deep, in most situations you will never recover that money.

As others have said, Sage has been very difficult and slow to deal with. 

I'd suggest diving deep into the local market trends and connecting with fellow investors in the area.

Believe me.... with the way our government is operating, $100K in premiums paid today is going to seem a lot less ten years from now.Not being an agent or FA myself, you're best off talking to someone who is, and having them deep dive on the policy. 

Should take the opportunity and ask the bank to renegotiate the purchase price at a deep discount? 

Contractor was slow, so I started my own team Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Thus slowing down my business a bit. 

Grab a cup of coffee and do a deep dive.https://www.stlouis-mo.gov/nst/documents/inforent.cfmI would also check to see if you are in an HOA and if they have any restrictions.