Seems perhaps a little low -only say this because my 4bed in Arvada CO is about $290/mo and with the Boulder/Louisville fires a few years ago a lot of insurance has gone up like crazy in the front range. 

Thanks Bill -  I have a CPA and did fire off an email to him.

The home had fire damage in the garage after roof replacement.

., wind, earthquake, fire, flood, mine subsidence, etc.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.

A good policy for a place where nothing happens or one for total catastrophic insurance - the type where a fire destroys the house, or a tornado takes it away, including the bed bugs.

What happens if a flood or fire occurs to the property during the redemption period?

You could be below market to the "average" unit in the zip code but if you're in the glide path of the airport with jets are taking off every 5 minutes, the Taco Bell parking lot lights shine right in the windows, freeway exit is two houses away, a busy fire station is nearby with sirens all night long, etc then the price may still be too high.Are there any safety issues that could be helped with lights, cameras, etc?

I love that about our business if we are not ginning with a client we just fire them with no repercussions just like Jim fired me long ago and before I could get out there and get some deep fried Ruben balls..

Ive done some fire and flood restoration.

I'd love to look up the address and let's embarrass the realtor who can't sell it as well as the builder who didn't' build it or design it efficiently enough and who lost all your money. new construction in columbus is on fire and wherever this is built is not reflective of any person we have worked with in our market. can you shed some light on the deal?