Firstly, this post is for anyone and everyone who hasn't had the opportunity to properly introduce themselves in the BP community.

Does anyone know which insurance company still writes landlord policy in Richmond area/Condo (94804)?

Any tips for a first time investor would be greatly appreciated.

Are you sure it was the best idea to beat out the other offers to be in this predicament?

My strategy in Arizona has been adding bedrooms and renting by the room - currently getting 850-950/room in nice neighborhoods.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

I would like to work with someone who knows the area.

Thus, they are appraised as such - valued based off the sales comp approach - i.e how much have other similar single family homes sold for?

That will depend on the numbers.

Does anyone have any input on why this may not work, as it seems to not be a common thing for the banks to enforce.- I could be successful with foreclosure and end up owning the property- Since the note has reached maturity, it cannot be made to perform again by the borrower where I am stuck with it for years.