How did you get the insurance so low - it works out to $1,253 per month for all properties.

I have my own properties throughout the area, and have worked with many contractors, PMs, lenders, insurers and attorneys that I can recommend.

It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

No longer can buyers underwrite to $1,000/unit payroll and $250/unit insurance expense. 

I prefer to stay further from the coast and hopefully further from major storm/flooding events (potentially lower insurance costs).  

While this can be good for long-term appreciation, it can also impact cash flow for buy-and-hold investors.Insurance Costs: Florida's hurricane risk can translate to higher insurance premiums for property owners.Competition: Florida's popularity attracts a lot of investors.

I will insure the property as a non-owner occupant. 

The most likely options are exchanging:Life insurance for life insuranceLife insurance for endowmentLife insurance for non-qualified annuityPersonally, I would first determine what type of exchange you want to do. 

The rest, put you on near-worthless drip campaigns, don't understand calculating the offer price based upon rents - property taxes - insurance - MNT & Vacancy percentages, etc.DM @James Wise to schedule a chat with him!

With the purchase, the rehab, the closing costs and the holding costs (hard money, taxes, insurance, utilities) our all in is around $200,000, but we have created $40,000 in equity.