That's the cheapest I can get with replacement cost and a $5,000 deductible, no loss of rent coverage, etc.On a quad, I'd expect you're paying at least $250/mo or more.Lawn and snow removal also seems quite low.

We're planning on making quite a few updates to the property, like putting in patios for each unit, fencing, landscaping, etc.

Your investment dollar will go far and the ROR and cash flow in AL is quite good, especially when you consider the low interest rate of 5.5% for a 30 year fixed mortgage.

With the recent zoning changes happening, often times the land value can be quite a bit. 

My main goal is finding buyers as the deals come quite frequantly here in Florida.

In my opinion it is the best way to learn the ropes of management and operations while de-risking things quite a bit (you're there every day). 

Quite firm.

You can google "Overnight Rental Insurance" and come up with quite a few agencies that offer this coverage.

I have told him that I will share my experience on social media if he doesn't finish by today but we still have quite a bit left to do.

Window a/c units are all the more reason to keep ceiling fans, as ceiling fans can help a room feel quite a bit cooler.