If you prefer something with less immediate work and are willing to pay a premium for a newer property, the new development could be the way to go.Good luck with your decision!

We saw an 85% increase in our premium this year and because of this, we are choosing to go with the highest deductible we feel can live, effectively choosing for catastrophic purposes only.

Note that they were sub-1% during the COVID era, which is what allowed many delusional syndicators and funds to raise money for properties that were doomed to underperform.So ask yourself this as if you are in their shoes: you could invest in T-bills to get a guaranteed 4% return, then what is the premium I would require to invest in this person and their commensurate deal?

You get a bit of a premium on a fresh like-new remodel that you lose when a tenant has been living there using things and making them not new anymore. 3.

Although -8% is nothing compared to how much the premiums have been jacked up over the last 4 years, it's certainly something! 

When there is a storm, the entire state sucks up the losses by raising premiums.

They were reducing the premium slightly for this loss of coverage. 

You are tying to separate them but keep them together where it benefits you (premium cost saving).

This area often commands premium rental rates.Miami Downtown: The epicenter of Miami's business and cultural scenes.

I'm not talking about a retirement shift, I'm talking about understanding how growing your portfolio with the (new) inherent risks in a rate sensitive, supply shortage, location premium real estate market.