Insurance will be higher, and you'll need additional windstorm coverage.

So, next time you're talking with someone who has no knowledge of or experience with the real estate market, pay very close attention to their opinion, and do the exact opposite :-) This is great anecdotal "evidence" but it proves nothing but public opinion, and even then it doesn't prove that as you don't have a statistically large enough sample size, while you do have a ton of coverage and other errors. 

We do carry decent coverage and still get roofs replaced... you can buy cheaper policies for sure but by then you're increasing the self-insurance component and I don't choose to do that for a variety of reasons. 

,I mean, in theory, if title is willing to issue clear title insurance that doesn't list it as an exception to coverage, sure....

In purchasing a first position note, do most people verify insurance coverage prior to purchasing the note or do you wait until after the note is purchased and deal with it then? 

Hi everyone, what are your thoughts on incorporating comprehensive Energy Efficiency upgrades into residential real estate sales and also investment strategies?

Financial IndicatorsDebt Coverage Ratio1.97Annual Gross Rents Multiplier7.04ROI w/tax & appreciation37.53%ROI w/cashflow & principal24.49%Cap Rate9.59%Cash-on-Cash Retrun19.23%Cost per Sq.Ft.$53.20

But given BP is nationwide, everyone should check with your agent on the specific language on thier policy as coverages can be different from coast to coast.

If you want to take a conservative approach, minimize your leverage and keep as high a debt coverage ratio as you can.

Also some umbrella policies do not provide coverage for LLC properties that once again lol a question for your insurance professional to make sure you are covered.