Continue to immerse yourself in education, listen to every podcast with supplemental reading.

I don't want to lose coverage and peace of mind over a few bucks a month, but am wondering if anyone has any other suggestions on possible agencies that offer better rates for real estate investors?

If you buy right and manage right you can absolutely be profitable and supplement your income with one property.

Some day I will need to step out of public schools (I teach shop, so I like hands on work) and I'd love to have real estate supplement my income. 

I hedge with higher liability coverage and feel that as long as your coverage is equal to or greater than your net worth, you're probably going to be okay. 

Right now, for one 4-plex, I have been quoted: Dwelling Coverage: $345,000 (no personal property coverage)Liability: $300,000Deductible: $1000Annual premium: $1038Is this enough coverage?  

thanks The title policy's coverage should be no different when a general warranty vs. special warranty vs. quitclaim deed is used to transfer title.

Your rate will be about 7% And you will need a debt service coverage of 1.25 or so.For this to work, you need to Richard at 70% of current value and then make improvements which should add $3.00 in value for every $1.00 spent.Additionally, if you cannot promise the investor that you can get the refi, then you will probably need to sell the property to someone who can.

The coverage is $40,000 for condo unit and $500,000 for liability.

Entirely different insurance coverage required.You also need to inform your bank if you have a mortgage, prepare to have utilities in tennats name etc..