It sounds like your situation in life has changed, and that have a certain focus and direction that sounds like your pretty well set for.

Also, how frugal can you be with the $185k W-2 income, could put X away towards the reno each month - it sounds like a longer-term project, so that could build up over time

It sounds like you've already made some significant strides in your real estate journey. 

Asset protection is important, but there is a far more cost effective and practical way to approach this subject. 

Those numbers are alarming, home flipping companies have effectively left my market. 

There will be requirements set forth by your lender that the insurance coverage must fulfil.Take into account other coverage alternatives like liability insurance, umbrella insurance, or coverage for certain risks like floods or earthquakes, depending on the property and your situation.Examine the insurance firms you are considering's ratings for both financial soundness and consumer happiness.

yup sounds like you're doing a little bit of cross collateralization with your other properties which is totally fine and can be done . when it comes to condos in miami what you'd really need to find out is if it is a warrantable, non-warrantable or condotel property .

do those things sound like deal breakers?

You might look into it since it sounds like you're branching out into more areas of property management.

Because of closing costs and holding costs.Now, you might be saying "Andrew, this sounds crazy.