We were supposed to close Sept 7th but the buyers’ insurance and Title Company put the brakes on the sale until after Irma passes.

The $990 is including all insurance and taxes correct?

I have my first investment property. 2 Tenants (boyfriend/girlfriend) signed a 2 year lease with first, last and security. Moved in 6/30/17. Paid rent on time so far. I get a call stating they are breaking up, tenant ...

I learned (newbie mistake) that the unit is actually in a flood zone a and the lender requires flood insurance.

However, we cannot live off of our retirement accounts today and we really need to diversify our income.For that reason, we plan to take on a mortgage when we move and to use the proceeds from the sale of our home for real estate investing. 

I use Ally financial for my rental checking and rental reserve account, about the best interest rates you'll find for FDIC insured bank accounts.  

Remember, most are unlicensed and brokering without a license, have no accountability to state boards, operate as fringe operators skirting laws, may be correctly called public nuisances, have no insurance, etc.

The homeowners are wanting to get out of the houses before the insurance money comes and some are under the impression that they can pocket the insurance money and give me the house.

Licensed insured bonded. 

For the average person, it's 15-18 months before you get the deed because of the court proceedings needed after the redemption period.