U gals are just speculating Need to unwind this how it actually happened and if there was a transfer of title that was or should not have been allowed and if there is insurance for the buyer..

Get an actual quote for hazard insurance non owner.

Mortgage, taxes and insurance is $1175, HOA is $120.

You need to know that the average daily rate will cover your fixed monthly expenses (rent, utilities, insurance, vendor services) at 40% occupancy!

Standard deals on market existing asset through a brokerage will be a 6-7% cap rate in today’s market.

High risk of lawyers buying a unit, tearing it apart, finding one thing not to code, getting the rest of the condo owners to sign on to a class action lawsuit and hood every subcontractor, builder, architect hostage for an insurance settlement.

The most southern OR city of Brookings offers tremendous value, and the difference in taxes, insurance and associated carrying costs for crossing the State Line are considerable in comparison. 

This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?

In NJ, "30-days" is technically not the standard.

Looking for a recommendation for who to use for insurance in the Chicago market for some residential investment property I have.