There are several factors that determine the premium, such as, the dwelling reconstruction costs, the fire rating classification, if the responding fire stations are paid or volunteer and if you have a hydrant within 1000' of you property, your credit rating, just to name a few.

Pretty straightforward.Also, the comparison between a surgeon and real estate investor is not a good one in my opinion.

If you had a sprained ankle, some people would choose to self-treat, some would go see the family doctor, but I sure wouldn't pay $8000 to an orthopedic surgeon. 

In summation, we went to great extent to deconstruct and reconstruct financials to get to the soft, chewy center of what is really going on.

I learned from my father, an eye surgeon, that when he sees people in the ER with a "stupid trauma injury" they always have this dumb look on their face like "I didn't think it was going to happen to me."

Don't know maybe because they think their sharper then a surgeon's scalpel.

Many of the more established surgeons have been dropping conventional Ins Carriers, WC & NF.

(The presenter told a story about an accident he had with no insurance, but he was able to put $20k on his credit card and get the best surgeon around - so you never know when you will need the extra credit availability.

Jimmy,IRC 469(c)(7)(C) states that the following "personal service" activities will qualify you for the designation: ... real property development or redevelopment,... real property construction or reconstruction;... real property acquisition;... real property conversion;... real property rental;... real property operation;... real property management;... real property leasing; or... real property brokerage. 

One of the most powerful pieces of advice I can give any investor in the early stages (that means starting out) is to, choose your teacher and/or mentor with the same due-diligence you would use in searching a heart surgeon for yourself or a family member.