My broker just shopped my commercial property policy and had quotes ranging tens of thousands of dollars from different insurers for comparable coverage.

Bottom rent for similar units is $725.Current rents are $550, $600 and $600 for a monthly total of $1750.Potential rents are $908, $908 and $908 for a monthly total of $2724.Low-end rents are $725, $725 and $725 for a monthly total of $2175.Monthly differences reflect a range from $974 to $425.Annual differences assuming no vacancy range from $11688 to $5100.I would like to point out as well, that all expenses are fixed despite a variable possible rent, and therefore this is a direct loss to potential cash flow.I suppose if that aint gushing cash to you, then it isn't. 

Average hold times range from 18 months to 10 years, so my model is somewhere in between those numbers. 

The first quote I received was within my price range, but the insurance specialist I was working with does not pick up the phone or reply’s fast, so I just called another specialist from the same company and the quote I received from the other specialist is way higher than the first one.

Looking to get it in a good school district.So far everything I'm looking at are in the 200k and up range.

Any traditional product or commercial loan is going to want to see income.I own properties in that range and you can get financing.

I would point out here that simple thought ought to suggest that because real estate is variable, maybe the best thing to do in order to determine if the conclusion/dollar amount is "accurate" would be to obtain more data and do a second comparison, or a third, or a fourth, etc.Once an appraiser puts together a few of these, it is likely they might end up with a range of values for the same element, considering real estate is variable right?

We qualified for a loop hole called mission driven housing which lets us get higher LTV since we are in the "affordable" range for rents. 

Assuming you are not looking to flip mobile homes, you will be hard pressed to find a flip property to buy in that range.

Great landlord states, price range (35-60k), population growth, job growth, etc.