The general rule of thumb is that if you are getting inquiries but no applications, you're probably around 5% too high.

Since you’re open to where you invest, consider areas with high rental demand and affordable property prices like the Midwest (Indianapolis is great for this!)

They want to keep the appraised value as high as they can so the next house they build can sell for a little more each time. 

Any tips on how to document the damage effectively or how to approach the adjuster?

The few deals I've analyzed from this firm are not surprisingly artificially low on the rehab, and artificially high on the ARV. 3.

Can anyone recommend the cheapest insurance quotes in Chicagoland?

From my observations 90% of those who post on the forums about asset protection cannot articulate the risks they believe they are/must protect against with their recommended entity formations.  

Adam,Things are highly subjective to what / where / condition.

@Ted Akers  yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes   until it does not  LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...

I recommend proceeding cautiously with other PMs, depending on their skillset.