Then there are the non-standard pets that are harder to detect like snakes, lizards, hamsters, etc.  

Most have no license, no education, and no insurance.

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

Can someone please tell me what the Percentage i , for what the Taxes and Insurance is , for properties in Shelby County ?

There are several MF deals around FL for 8 caps, some in A+ areas, but properties need some capital to bring them up to standard and to raise rents.

Keep the insurance in the homeowners name (you become an additional insured), get a durable power of attorney from the homeowner, and make the payments on time!  

You want the net income after all expenses like, maintenance, utilities, taxes, insurance, property management (if needed), if the property is vacant figure that in, and Cap Expenditures (any big ticket items that might need fixing or replacing once you own), things like the A/C unit, water heater etc.

The securitization of the mortgage backed bonds, false security of bogus ratings and inadequately funded "insurance products" like credit default swaps, let the originators of these toxic instruments take on a thousand dollars of profit for a dollars worth of capital.

To add insult to injury, I also received notice that the property in un-insurable.

Downside is split single contract into two, double closing costs and increased mortgage insurance costs.MY QUESTION:Does this sound correct, or is the underwriter mistaken...Do multiple townhomes require their own individual loans for each single unit (even if apart of the same structure)?