The other quotes I received were often unreasonably high compared to other properties in my portfolio—sometimes exceeding my current carrier’s increased rate for this property while offering less coverage.

Any good area so you recommend for buying a rental property ? 

ACT and the various localized distressed property laws.

Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.  

Investment Info:
Townhouse buy & hold investment.

Purchase price: $252,000

Cash invested: $63,600

First buy and hold. Townhome in Gainesville Ga. Looking to make $450 a month in cash flow.

W...

Once complete, they will assign the property to me.

You always need eyes on your properties, someone acting as a caretaker. 

Since you already have an offer, it’s not really about whether the property will sit for six months, it’s about whether keeping it makes financial sense.

He does a great job of acting like he cares but when it actually comes down to action it’s a whole different story.

This works for the first 1-2 properties—but after that, it becomes a bottleneck.