Here, it's a target rich environment. 

In other words it would be a penny wise and pound foolish move.On primary residential policies, I would not worry about being insured to value (co insurance requirement).

List below market (which I could do given the spread); target quick sale3.

I was going to target residential to start, but I also had a few people in the industry recommend Industrial because most of the time your dealing with only 1 tenant. 

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

But overall you really have to hone in on who your target market is.

What I do is go on different sites like Zillow and homes.com and realtor.com and get an average (usually the lower average, just to be conservative) for comps of neighborhood I am targeting.

Know the ARV (after repair value) of your target property. 

Keep an eye on that.Educate yourself on what buyers in your area want and build accordingly.Don't be "penny wise but pound foolish."

Before you look at properties you should know what the target rents go for in your area, where I live the best properties sell for about $100k and rent for about $950, that is our sweet spot, generally referred to as the 1% rule (property should rent for 1% per month of purchase price $100k property=$1,000/ month).