I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent.

Get a Title Company attorney to tell me what it would take to get them to insure title without the buyers signature (my attorney does not know if this is possible and to try different title companies). 3. file a lawsuit and take them to court (which will take the cost above the value of the home.

How much did your homeowners insurance increase when you added short term rental to your policy?

You generally are buying with clear title and title insurance, as per the auction terms.

As for S-Corp or LLC just remember that you a group of investors and you need to protect the individuals and I personally believe that an LLC with good insurance on everything separately is your best idea.

Maybe I'm wrong, but considering I wouldn't be paying 2 mortgages, water bills, insurance ect. wouldn't it be safe to assume I could purchase a property with a slimmer profit margin?

Hello, when doing a rehab on a property, what kind of insurance policy do you use?

If it is silent then they should file a claim with their insurance company.

As far as some general criteria/thoughts:- My workplace is in the Cobb/Vinings area and I would ideally like to be a < 30 min drive to work (though I don't mind if its up to 1 hour away since that is my current commute)- I'm interested in using a FHA loan to put ~5% of a down payment (3.5% down pmt + 1.75% upfront mortgage insurance premium)- My target all-in purchase price range is between 200k - 400k - I would prefer to live in a 'A' or 'B' class property that I could rent another unit to a young or established professional/college or grad student- Just from discussion with my friends, a lot of them seem to dig living in areas like Midtown, Buckhead, Virginia Highlands, Brookhaven, Lindbergh.. how feasible would it be for me to househack in any of those areas and expect to generate a decent return in the future once I move out and rent out my unit?

Monthly income, expenses, insurance, taxes, etc)??