You can try and fight it but does not mean you will be successfulI would also be curious to see what your property insurance looks likeFor me this is just another example that home prices are gonna eventually have to soften as between taxes, insurance and Interest rates home affordability is very challenging

Florida is a unique state for MHP law and the insurance has gotten very expensive there too.I recommend checking out @Frank Rolfe's mobile home university content if you haven't already.

Can anyone provide insight on the average cost of insurance for Airbnbs with pools in the Boston area?

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

Vac (5%) -$100Main. (5%) -$100 Insurance $100Cap Ex (10%) -$200 Taxes $220Utilities -$150NOI $1,130PITI+PMI= $2,473Net Income as HH (aka their cost per month)=$1,130 - $2,473 = -$1,343This couple will be splitting roughly $1,300 per month to live in a 3/2.5 house in South Charlotte near breweries, restaurants, coffee shops, and a short drive to South End, South Park, or Pineville.So you may ask, "What about the ROI?!"

I guess a flat seasonal fee like any insurance policy, sometimes you win, sometimes you lose.

The loan is listed on the HUD and they provide lender's title insurance.   

My monthly payments (mortgage, insurance, taxes) are roughly $3,600, leaving me netting about $4,600/month.I have four years left until military retirement, after which I’ll have a pension, some disability income, and rental income from this property.