You may be reducing your options for insurance coverage.

Baltimore does seem to have a lot NARPM members, though I have no idea if that denotes competence, or they've just paid a fee to be on a list.In general, there are no good/comprehensive clearinghouse sources/sites for finding good residential PMs (1-4 unit properties).

I am thinking in terms of future deals, not my current one, and want to have the homework done ahead of time.My first question is if there are any good books or other resources out there any of you would recommend that give a thorough overview compared to the more brief coverage here?

examples: Management Reports - HOA H&E Management's Monthly Management Reports are prepared in a way that gives Project Owners, Board Members or other Stakeholders of the property a comprehensive and detailed representation of the activities that took place on the property during that reporting period.

Realize this is a very very brief description between the different loan types and is definitely not comprehensive.

A good insurance agent will make sure that you carry the right amount of coverage, and not a dime more than you actually need whether you need a $100,000 or $20,000,000 Life Policy .

Possibly some straw coverage and plenty of water as stated.

I bought a 16 unit last year and had fairly decent coverage with state farm here.

Then they looked at my unit for the mold damage/issue and denied coverage due to my lack of inspection.

You can get the same coverage for WAY less.