Does anyone have any tips or pointers for things that I should want in my homeowner's coverage?

We just finished doing the comprehensive and plumbing inspection last week and will need to decide if we want to move forward with this property soon.There are two major repairs that I would like to get estimates on.

From an investor point of view, I'd want my debt coverage service ratio to be higher than 1.333 (1/0.75) anyways, but I digress.Question #2: If you use a conventional loan it will have a minimum 6 month seasoning period where you cannot refi during that time.

A risk of fuse boxes in a rental is that a tenant may keep putting in larger fuses or coins, which can eventually result in fire.Some of these homes have "outlawed" breaker panels that most electricians refuse to work on and insurance companies may use to refuse coverage

Sometimes, it specifically excludes tenant vandalism even if there is vandalism coverage so make sure you check the exclusions.

In my personal opinion, if a new investor can’t yet afford a lawyer, legal advices and LLC expenses, then sole proprietorship with umbrella insurance coverage for personal liability is a better business model than self improvised LLC.

@Yacine RimmoDepending on the insurance coverage you have, your insurance carrier might provide a form.

The quality and type of materials available to the public by the BP folks is comprehensive and helpful to the new and the experienced.

These loans are known as DSCR loans or Debt Service Coverage Ratio loans.

It's very similar in coverage.