I thought in FL most counties the seller generally chooses the title company since the seller who pays for the title insurance (lender and/or owner's policy), so we as the buyers have no choice to go with the seller title company's choice.

I have yet to get an insurance quote because that seems impossible until the renovations are complete.

Check with your insurance company and see what they say. 

First time investing, and I am eternally grateful for having people I really trust to walk me through the process...learned alot about property taxes, management, insurance, leverage, etc.

Hello All, Currently, all the properties I own are currently rentals while 1 is being rebuilt via insurance due to being destroyed by fire.

.$150/month for insurance sounds low.What about the water bill?

My wife and i live in norther California and i have stable job with good income.

For other newbies, this means that while it doesn’t help or really hurt us too much, about $200 a month in property taxes and $70 a month in homeowners insurance does count against us for qualifying.

Do they have renters insurance?

@Melinda Pajak you can look into longer term debt through life insurance companies.