Also, can you say more about landlord vs renter’s policy on insurance ?

Second, the insurance is $1.5k which seems to be low as well. 

Or for the high-end primary homeowner has no legal way to 1031 exchange; so the deferred sales trust is a no brainer.

To make a new property cash flow with current prices, interest rates, taxes, and insurance, you're putting at least 40-50% down.

“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc. 

Should I use a LLC vs. insurance must have 100,000 posts on this forum. 

This was the first property we carried flood insurance on, during our project.

https://www.qcnews.com/news/investigations/unfinished-business-multiple-homeowners-claim-nc-builder-took-bank-draws-cash-and-left-their-homes-unfinished/?

And there is a constant mention of Guaranteed returns there is no Guarantee unless its the federal govmit on 250k or less FDIC insured .. this was simply investor greed.. investors did not understand what they were investing in what the risks were and were blinded by the returns offered.. no one put a gun to their head.. investor make bad investments all the time..  

It will also insure that you are able to find the right submarkets in thew area that you are looking.