That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

And I understand that there is a person here on BP that started a meetup for St Joe, but I have not seen them posting it lately..

Sorry for late follow up.Total repair was under $3k so I just ate it. 

The money will follow that.

You're going to lose your loan from what I understand.

I understand there is some regulation on this because it's consider as robocall.

Sometimes they'll have gurus come thru that charge more for a full day class or more extensive training.I've posted before some lists of area meetups...each has a little different twist and following. 

All that being said - follow the money. 

I have a referral I can send you, I recommend going with an individual with experience in co living rather than a traditional company who doesn't really understand the model.