Call an insurance broker and see what options they have based on what and where you are buying. 

Try to make your decisions based on that and not as if it were your personal home.

Looking forward to your input.TroyView report*This link comes directly from our calculators, based on information input by the member who posted.

second question I saw there is 20 acres of land across the street for sale and was wondering if I should grab it and subdivide a few acres and sell or rent out to get my money back?

There are a few Duluth or Superior based folks active in the forums with varying degrees of regularity.  

Alex LonginidisView report*This link comes directly from our calculators, based on information input by the member who posted.

Currently about to remodel one side of our duplex from a 2 bed/2 bath to a 3 bed/2 bath with upgraded mini split ductless HVAC system.We've been doing real estate investing for over 10 years and I'm close to finishing developing a land lording class for local landlords to learn from my mistakes of 10 years and similar to the BP mentality ensure landlords are raising the bar to push the less than reputable landlords out as we feel our tenants deserve better! 

We're not talking huge cashflow here in my market but the analysis looks very stong based on market average appreciation and the low capex figures. 

Honestly, PriceLabs is my favorite, especially if you're doing multi-unit or want to create custom groups and bring in occupancy-based factors.

Any decision you make in rehab should be based on how that will increase your rent. 1.