Insurance on these older comes is hard to justify in many cases so unfortunately this home only had liability coverage.This fire was tragic because we had just finished renovating it and were taking applications for new tenants.These trailers burn fast, very fast.

Tread carefully wherever you buy as there are unforeseen HOA management risks in addition to the special assessments for delayed maintenance and building insurance skyrocketing. 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Simply put the title insurance underwriter won't insure title for our property as an investment property.

Good day everyone,I'm an out-of-state investor, and I'm conducting an insurance rate comparison for a 3/1 SFH, 995 sq ft rental property in Macon, GA.

FHA is still an option but you have to refi out of it to get rid of mortgage insurance. 

Coastline properties tend to be less desirable due to flood plain, lots of severe storms, and high property insurance costs.

Bad:Relying on insurance.

I have a secondary residence home insurance on this house and getting claim back for the mitigation/repair work.I have this house on Airbnb for short term rental.

A what if fund is just a little insurance fund you keep because “What if” your car breaks down, Get sick, major accident, renovation funds Ect…The money is tax free and since they owe so little if they take out cash and go back into a 30 year fixed it will more than likely be close to the same payment they have now.