You are paying them a monthly fee & insurance so they are more opt to consider you pay them to hang your license while learning the ropes.  

Hey BPCurious to hear what companies people have their rental property insurance through in NYC and what the rates are.

I dont know this for fact, but at the very least I would think the new GC would have to supply insurance info and licensure to L&I before anything is swapped.

(mitigated by insurance)4) Irregularly high vacancy rates5) Requirements for a capex infusion...new roofs etc.Thanks in advance!

As I'm preparing for this, I'm wondering what advice people have on home insurance--best companies they've found, or things I should be sure to note when I'm comparing plans?

Second you must use all of the net proceeds of the sale (net sales price minus any mortgage pay off again in your case - $150K ) in the next purchase or purchases. 

Here's the numbers:Single family house in NE San Antonio. 1,456 square feet, 3 bed 2.5 bathPurchase price: $105,000Rehab; $20,000Hard money loan: $112,500Cash out of pocket (From HUD stmt):$12,500 (down payment)$2,250 (points)$385 (lender fees)$892.50 (title fees)$1,320 (insurance)-$2,001.34 (credit for unpaid taxes)Total: $15,346.16Actual rehab cost: $19,678.12Hold time until rehab and refinance complete: 98 daysInterest expense: $3,020.55Refinance loan terms: 30 year adjustable rate mortgage at 5.75% interest fixed for 5 years at 85% LTV and 1 point.Appraised value: $164,500Cash-out refi amount: $139,825Cash back in my pocket after lender fees, title fees, down payment, interest expense, insurance, etc are all accounted for: $5,389.50Now the place is rented for $1,200 a month and I figure I'll pocket about $200-$300 a month after expenses and mortgage payments and in the end, no money tied up in the deal!

I am looking at purchasing a 2 family property, and was wondering if there was a way to avoid mortgage insurance if I put 10% down.

We are currently under contract to purchase a group of duplexes and I am researching our insurance options.  

The highest offer wins, and you cannot back out of the offer once you've made it.Finally be wary of immigration laws and health insurance/benefits.