BPO and comps show ARV at 480k based on rental income.

Ensure the area has strong rental demand and good appreciation potential.

Hey Chris,Yeah, it's going to vary pretty widely by group, and even internally within a lender their programs will vary based on the committed square footage that is committed to residential v. commercial.You will also likely find variance depending on where the property is located and the active tenant situation.

Based off of the responses here, this increase does seem aligned with other insurance providers.I like the idea of raising the deductible, but will have to think more about lowering the replacement value.

Is it a good idea to base an entire business model around something that breaks the law?

Internet research will bid based on the house being there. 

You either get private lending which is based on deal (and experience) or use your own funds

You can partner with someone, one deal at a time, and see how the first one goes.Values based decision making, make sure your goals and values align with your partner.

That is a choice you'll have to make based on risk and your wealth building portfolio.

@Henry LazerowIn addition to the strong YoY rent growth, Chicago has also seen some of the strongest YoY home price growth as well.I had to fill three vacancies in February/March and we received 50 applications across those 3 apartments on the NW side.