I don't know what the linear footage is.

@Snehann Kapnadak i would say there isnt really a "back of the napkin" calculation for insurance cost. there are so many different variables that can make one rental vary in cost from another. zip code, construction type, square footage, age of house, SFH vs multi-fam.

WHat is the sq footage of each unit?

Although the condo is small (in sq footage), I wouldn't mind moving back to it if it makes the most sense financially.When I eventually sell, I will use the equity to buy about 5 or 6 SFRs, in cash-flowing states (not California).By the time I sell, I will have about 7 properties.

Im anylizing some commercial properties and have noticed the different tax rates compared to the total property square footages.

Mostly quaint shops, medical and office buildings down "main street".Here's what I know now after a few days of phone calls and research....Only 8 units (the 9th one is gone -- fire, explosion, etc...)Price now $400K (better because one less unit, but still $50k per unit)Only one tenant is salvageable and I don't know the details of the rent yet (all the remaining tenants are being relocated by seller prior to possession -- this one lease is up in April)Property is owned by a non profit and is used for housing for people needing a little help (so no income to speak of)No expenses to speak of (at least for current owner because they are tax exempt and volunteers provide services for repairs when needed)Electric is not divided (don't know total yet but I would spend the money to separate and have tenants pay)Property was built in the 50's and remodeled in the 90s (I still haven't seen the inside of the units, but are housing mostly elderly couples that have been there for at least 10 years -- agent says I will be pleasantly surprised -- walking through on Tuesday with my general contractor friend)Advertised total square footage was pulled from tax records stating about 10,500 sq. ft for living space (so around 1300 per unit...

The numbers will vary wildly based on the neighborhoods in each city along with square footage, condition, etc.

If there are no houses very close to the size/quality that you are looking at then find similar sold homes and determine a good price per square foot for those homes and multiply that number times the square footage for the home you are looking at. 

I had to get my numbers from square footage because comps in an area like that is not easy and there hasn't been a sale since the beginning of the year.

Try and find comps within 6 mos, same bedroom bathroom profile (you don't want to compare a 3 bedroom to a 5 bedroom), +/- 10% on square footage and only new construction.