Your second paragraph really helped to put that in perspective, and I don't want to move all of my eggs into the Kingsport basket.

Hello BP Fam - A low-hanging fruit question regarding insurance on an SFR. 

Our place is definitely the lowest rung on the ladder but the neighbors seem to appreciate how we've cleaned up the property by taking down dozens of old trees and adding giant gardens, fruit trees and even have a self-serve market stand that made enough last year to make three house payments.

I call them the low hanging fruit. 

I am under the impression that absentee owners are the low hanging fruit and the most likely to be targeted first.

Smart money goes where the economy is strong, the government has very little debt ( currently 33%), and where foreigners have the same property rights as citizens.Panama makes so much money from the Canal, the second largest Free Trade Zone in the world, the largest copper mine in the world, fruit exports, largest ship registry in the world, etc etc etc... that they do not need to tax their citizens on every little thing like they do in the USSA. 

Given that, I'm trying not to put all of my eggs in the basket of finding another traditional job.

The low-hanging fruit is gone, but if you're willing to work hard by getting off the beaten path and overturning a lot of rocks, you can be quite successful.My recommended two books: The Go-Giver book by Bob Burg and The Magic of Thinking Big by David Schwartz.Both of these books have to do with HEART and MIND first and foremost, and not knowledge or application. 

It seems like you have to have some serious cash to do these types of transactions if there is not such financing and/or put all your eggs in one basket and hope for the best. 

Fabric boxes and baskets are more pleasing than boring shelves.