Hey everyone, I'm looking to invest in my first property soon, I've been running numbers on properties but when it comes to monthly insurance, I'm not sure what's an appropriate amount to put in.

I'll be sure to do my due diligence and get several contractor quotes and opinions before proceeding.

I'm guessing the 1040 one is for personal income taxes and when I googled the "CIVP" one it looks like it just means civil proceedings.  

You could potentially use a UCC1, but I wouldn't do it without title insurance and a title report or things could appear on the title of the property with a UCC1 filing.  

- if so, entirely their realtors fault, but a line of bull either way)So I then proceed to speak to multiple people at the Franklin County probate court and am told that the contract had been submitted but it was declined for a "technical or clerical" issue.

Your best bet is to go there on an evening and see how the block looks then. in a way you are fortunate because these are the summer months and you can get a good feel of what goes on around that house. if you see a lot of hanging around on porches or a house with a lot of traffic (foot and car), proceed with caution.  

Sit down with you insurance agent and go over everything in detail to make sure you're covered.  

Liability policy" makes me think of insurance - is this what you're talking about?

When evaluating cap rates I'm taking out taxes, insurance, 8% vacancy, 10% repairs, 8% cap ex, and 10% property management fees; however, if I lower all of those percentages then my cap rate is higher - is everyone using lower percentages and that's how they're finding cap rates of 10%, or am I truly looking at a lot of overpriced MLS properties?

 If a sell/owner was to carry a loan through the sale of real estate property, can that seller take out mortgage insurance on the buyer?