And the Premium?

I chose these places specifically because the purchase price of these homes are lower compared to the Plano and Carrollton areas, and you can potentially net the same amount the rental income by the room if you purchase a nice looking rent-ready home, hopefully not paying a premium on this.

You need to spend time finding an investor-friendly agent in your area who doesn't mind throwing offers, knowing you have a nice set of properties already and are buying with cash.Buyer premiums are more common now for buyer's agents to charge, but in my opinion it's grabby and unnecessary.

If the elevation certificate says that you are in the flood zone, then unfortunately you have to get insurance, but it sounds like private insurance will get you cheaper premiums.

I'm a first time investor though, so I can understand a slight premium to standard rates for more experienced investors.

Trying to figure out why my quotes are coming in at $2800 for a yearly premium.

I paid a premium for the lot and moved the home.

You can get into your first deal with as little as 3.5% of the purchase price as your down payment.You may pay a bit of a premium for a property that is vacant and/or move-in ready but you'll still get acquisition experience and property management experience.

The worst thing you could do is not tell the true percentages you expect then a claim be up in the air whether you get protection or not.I have numerous clients who have airbnb's throughout the nation and the premiums often are higher than a regular secondary home/landlord policy.  

We charge 10% premium for a short term lease in-season (Mar-Oct).