(C) "Vendor" means any individual, partnership, corporation, association, trust, or any other group of individuals however organized making a sale of property by means of a land installment contract.

For me personally I do both so I am sure to make the distinction.. and a happy JV partner who your giving an opportunity to can create some very long term and lasting relationships that are rewarding for both parties.

But risk coupled with re-vitalization can also equal big reward.

Now you need to find what the CC&R's or other documents that were filed with the creation of the individually titled units are. 

Don't measure in regards to reward... measure in regards to risk.

I won't deal with a carrier that needs to do pictures or individual policies on each home.  

It should not be too different than a 4 plex with a few basic assumptions like similar age etc.Are the units individually metered or is it all bills paid?  

Shop around a bit and you will find someone that will work for you as an individual and not charge the insurance rates.

Angel,Real estate investing can be a very rewarding and profitable venture.

Without us, damaged inventory would stay put a lot longer and both the individual home owner and the market as a whole would suffer for it.