Bremner..I think we have some common characteristics :) When you found your first property- I'm sure you used the 70% Rule to analyze the deal- right? 

For you first larger multi-family property, I would focus on areas that have proved to have rent stability, overall low capital improvement requirements, and a record of property appreciation over simply going for a property that gives you the largest forecast returns.  

I would think most GC s will gravitate to insurance work then work backwards.. and us fix and flip guys who need best pricing possible will be last on their list.That no license rule is a thorn in my side too.

The three touch rule, although a good idea, is not an actual rule or law.

I want to buy another property with bank financing once again, and I am not a DIY guy, so that rules out foreclosures where one pays cash sight unseen. 

Unfortunately, anyone who replies to your thread with information about their own company is going to have the post removed because it violates forum rules re: advertising.  

The premiums are higher and aren't eligible for RCV (so either the 80% rule applies or they prorate everything that is damaged into the ground).  

Not worth it.You can't exchange into improvements on property you already own but you could consider a reverse exchange.  

I personally would not use that as a rule for choosing a multifamily investment location.

Do you have any tips, websites or general rule of thumb?