- amount and types of insurance to carry?

You would then have to get a Letter of Environmental Protection, which will lower the value of your property and raise your insurance rates.Deleading generally costs $3000-$5000 per unit.

Looking for insurance on a 4plex near Co.

What about charges that don't generate the same type/amount of tax deduction -- I pay my health insurance with a credit card, but I can't just take a Schedule A deduction of my insurance premiums. 

You know the number one reason to use a home inspector is, well....let's be honest, because a bank or insurance company is making you do it.  

Maybe switch to stable fund while this going on. 

I am on Bigger Pockets to learn how to turn my extensive contacts and vast experience in Insurance industry and ministry into a lucrative Real Estate empire one step at a time.

In that situation, if the tenant does something that results in a hard pull of his credit and reduces the average age of his credit, such as co-signing on a new auto loan, then his credit can take a temporary tumble.I would vet the tenant through former landlords and make sure that his income is stable and meets your criteria before renting.

Also, when you obtain your insurance it will be land lord insurance and your insurance company should  provide you with some liability coverage (300k?) 

If anyone is wondering why I have to borrow the full $500k it is because we were underinsured due to a combination of my lack of experience with commercial property and our insurance broker not properly advising us on what the policy amount should be.