We paid more than we wanted to, but all things considered it was a fair deal in the end.

I recently decided that since I am fairly young and successful in my current career, that investing in real estate as a landlord on the side would enable excellent wealth-building potential down the road.

Unlike other buyers I am likely more interested in fairly high-quality assets that are already running fairly well.

They have more skin in the game then you do.Make sure you get clear title.

I am fairly new to this so thank you for all of your input ahead of time.

The inventory in the MLS is fairly dry for this type of property.

If so, have they ran any comps to give you an idea of fair market value for like-kind properties that have already been updated?

I want to be fair - are the percentages inline or too greedy (or to low)?

Typically the premium is fairly inexpensive.Also, the premium for liability is VERY inexpensive, so I would say at least 500k and compare it with 1M.For the umbrella, you'll have to have a minimum of 300k

(to be fair I’m comparing them to a very high bar- the way I manage my own properties.)