Good to have you back after such a long break.  

The ones still open to adding new policies will only insure buildings built after 2000, or 1980 (depending on the insurer), and you have to be claim free in the last 5 years.Unfortunately, $9k for a 10u does not surprise me. 

Long term play, what some are calling BEAF: Break Even, Appreciation Focus.

I cannot recall rate we pay - but essentially answer is you still pay.Also the 250k/500k primary deduction is prorated as well depending on how long rental vs primary.

It doesn't take long to learn how to spot a good deal.6.

Otherwise your first investment is your last investment! 

It was repaired last year but needs replaced within 3-5 years. 

Can they prove how long it takes to rent a vacant property?

You make a solid point - quality over quantity can definitely be a winning strategy, especially if those Midwest properties are in areas that don’t have strong long-term potential.

Looking for long term financing on a couple of deals in Newark.