After reading through the HOA's insurance's policy, I found that the policy is called "Business Owner's Policy" and below is the summary page of the policy:"General LiabilityGeneralAggregateLimit(OtherThanProducts-CompletedOperations) $4,000,000Products-Completed Operations Aggregate Limit $2,000,000Personal And Advertising Injury Limit INCLUDEDEach Occurrence Limit $2,000,000Fire Damage Limit $50,000 PER OCCURRENCEMedical Expenses Limit $5,000 PER PERSONHired Auto INCLUDEDNonowned Auto INCLUDEDAccounts Receivable $25,000Employee Dishonesty $10,000 PER OCCURRENCEElectronic Media and Records $10,000Fine Arts $10,000Money & Securities $10,000 Inside/$2,500 OutsideValuable Papers and Records $25,000"One quick question is that how i can tell if this is an appropriate HOA's insurance.

This is relevant to understanding the mechanics of what option tactic is appropriate for my deals.tnx

So I switched to a niche as a Mechanical Engineer in HVAC.

If so, I can put you on an auto email with your criteria if you'd like.

I don't know if I forgot how to spell my own name or if my phone auto-corrected it, but after I signed up and posted I noticed my name says "Tad" and my name is "Ted".

fourplex with gross rents of 23,760 (10% vacancy) Total expenses: Property tax 5,592, insurance 1,200, maint and repairs 2,400, legal professional 100, auto 200,electric 360, water 960, other (includes plow and lawn) 600 Total annual expenses 11,412We tend to be conservative in our numbers too.. we were planning to finance this property 25% down closing cost of 10,100 (prepay tax insurance etc + actual cost to close) total cash outlay of 38,850 So NOI would be 12,348 with a cash flow of 630 a month (7,555) annual Cash ROI of 19.45%Cap rate of 10.74 %GRM of 4.84Total ROI of 23.53% (includes appreciation and equity)The property is an a B neigborhood near the highway but with lots of competition from other rentals near by ( I think it would be difficult to increase rents) That being said this was a short sale property... they had 9 cash offers for above LP which was 115,000..

The building is 100 yrs old, what condition is the mechanical, electrical, plumbing, roof.

This is generally driven by the mechanicals stage in a 5-draw project3.

I am a 21 year old student studying Mechanical Engineering.

The mechanics of the deal?