Tenants and investors in general don’t care for their buildings as much/well as residential owners  (who fights reserve increases and special assessments the hardest - investors).

So your material participation is assessed across all your rental properties collectively not one-by-one.

There’s likely a carrier that’s most aggressive in the city where your 4 unit is located and comparing your premium to that of similar properties  nearby will be the most accurate assessment and point you in the direction of the most aggressive carrier.

Most can't give an honest assessment on a properties value and now you're expecting them to advise on land use & zoning?

What is the best way to assess and submit for claims with insurance with least resistance from the insurance company ( assuming it’s not a smooth process.

In most municipalities you will still be required to pay transfer taxes equal to the properties assessed value even if the property is transferred for a nominal amount plus deed prep and recording fees.

Hello,I’m learning how to assess single family rental properties with the intent for long-term buy and hold.

Hello MS locals/residents,Im currently assessing a single family property in HornLake for a buy and hold and hoping to get the opinion of a local on the outlook.

Additionally, the lending opportunities that arise from banks assessing the equity of the entire portfolio as a cohesive entity are substantial.

Knowing the monthly rent helps you assess the tenant’s financial stability.