So the numbers (so far) are:Purchase price: 62kARV: 105,000Buying costs: 961.00Rehab: 7-15kUnsure of what the holding costs will be until its rented but I'm estimating 4 months.Utilities: 650Taxes: 300Insurance: 500Interest: 2400So I'll be in it for about 70% ARV.Projected rent: 12000Costs: prop mgt: 1080Maint: 600Capex: 360Utilities: 0 (tenant pays)Vacancy: 1200Tax: 800 (this will go up in october but maybe only 300)Insurance:  still getting numbers but no more than 1200NOI: 6760Debt service will be accounted for after rehab and when I find a good refi option, but I figure I'll pay about 5.5pct and have lending costs (unsure of what those will be) associated with it.  

So here's my question:  Do rents tend to act more "rationally" (for lack of a better word) than home price appreciation and therefore rental markets are in general more stable and predictable?  

We have always dealt with realtors, appraiser, insurance, title companies and big banks.

Having a single Illinois IRA LLC and just getting quality landlord insurance would also likely be a fine option and would be simpler to manage. 

The first thing is to insure the property is 'livable'. 

Also regardless of who the closing agent is, should I definitely buy title insurance?

Hi, I broke my ankle in February and luckily the insurance company for where I fell accepted fault and I am expecting a decent settlement.

You can explain up front you hae had some credit issues and that is why you have moved to a more stable job.

Life Insurance spreads are in the 130 - 170 space so mid 4%'s and mostly lower leverage deals.

Hey all,Is anyone willing to share what they're paying for insurance on triplexes in the Boston area, specifically the 02124 zip code?