For low income neighborhoods, I prefer SEC 8 which is essentially an insurance program for the landlord that ensures they will get the rent, even if the tenant loses their job.

Good morning BP, Looking for different examples and advice as to how property managers handle the payments of taxes/insurance/utilities for property owners?

there is a loan disclosure at the bottom of the CD that reads escrow account: $5277.03 says right next to it estimated total amount over 1 year escrowed property cost:Property taxes, homeowners insurance. mortgage insurance.

What does landlord insurance cover if you're investing in an apartment building with 100 + units?

However, I'm a little confused as to what type of insurance I'd need?

In this instance, you could collect $50k plus FC costs and any excess proceeds would go to junior lienholders and, once they're paid off, to the previous owner/debtor.

I'd get actual numbers where possible like on taxes, insurance, utilities, yard & snow removal, etc then add 18% if hiring a PM to 'take care of everything.'

I say cash out refi, rent, and put your proceeds towards another rental!    

Or should we operate as sole proprietors and use liability insurance to protect against lawsuits and have access to conventual loan sources? 

Any recommendations for insurance on a 3 family in Rhode Island ?