@Stephen Au To estimate insurance, you should probably get a quote from an insurance agent or two to get a feel for the area and type of house you're looking at.

Here is the Order of Appearance for the different strategies:1 - Acquire Original Non-Lienable Debt Loan, and Fund a Cash Reserve to make monthly payments on Original NLD Loan (OL)2 - Buy Absolute NNN Commercial Property for steady CF that makes OL monthly pmts and deposits for OL Payoff.3 - Use balance of funds to start flipping SFH4 - Re-Use original purchase/rehab funds over and over to flip ===> profits5 - Accumulate profits to expand the # of Flips you can do at a time6 - Use  Accumulated Profits to buy either SFH Rentals, or additional NNN Commercial properties for the Cash Flow7 - Pay off OL8 - Collect continuous CF from NNN and/or SFH Rentals9 - Put on auto-pilot10- Retire in....

In our MLS, you can do a reverse prospecting kind of search to see Realtors who have exisitng auto searches in which match your specs.

@Honor DunnBuy in Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1450ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

I have no intention and have never micro managed them, in fact, I expect them to be on auto-pilot with a property manager handling all of the issues and day to day things.  

ClearNow offers a every other Tuesday auto draft.

I would spend less than an hour using a program that I purchased which auto-completed the lenders required forms.

I hope we don't runk out of banks, like autos....

My plan is to supplement my current career as an auto technician, and to give myself a little extra to retire on.I am pretty good with numbers, and have always managed my personal finances well.

Some landlords insist on it, some even provide it.We also have an umbrella policy that would cover us in the event that a claim was above and beyond what the landlord policy (or our own homeowners or our auto policy) covers to protect our personal assets.