They will likely know of your property, or at least be able to get an idea and let you know what they are seeing in your market for your quality of space.As for how to calculate, there is no set strategy.

IMHO, starting at $150 was way generous, and I'd stick to that number.NOTE:  If they actually couldn't stay in the property, they could claim that against their renter's insurance--that's one of the reasons it's there, and why we require it on every rental.  

Hey Scott,To start discussing investment opportunities for purchasing the assisted living facility:Prepare a Business Plan: Outline your vision, financial projections, and strategy for improving the facility's performance.

I think your strategy is greatGino

This strategy has been able to help homeowners get out of situations and mortgages they can no longer afford.

If the damage was storm related homeowners insurance might be an option?

Hello everyone,Can anyone please give me a recommendation for a good Umbrella Insurance Policy?

Can anyone recommend an insurance company for homeowners insurance.

I can break everything down from NOI, standard operating expenses, and cap rate to assisting with an exit strategy. 

Condos are difficult and expensive to insure here.