Pretty much standard windstorm insurance is about 5% so that would be about 20K. 

Overall, they are giving me 15 days to close.Service link is offering title insurance, but I am getting the following phrases from Hudson and Marshall.."

College town properties often require investors to budget for higher insurance and repair costs.

Any idea about insurance?

But I think I would rather be in, increase rents increase value then get back out before any major work needs done.It would cash flow positive as it sits after mortgage, taxes and insurance.

If I'm using traditional model for 1-3 units and outsourcing management at 10%, after collecting rent (let's say $1,000 per month per unit), mortgage, taxes, insurance, vacancy, maintenance and management, I should be able to cash flow around $300 depending on taxes at 100% occupancy.

Unless you need help with a low down payment, a traditional loan is better than a FHA insured loan. 

Wouldn’t supplemental insurance cover anything else that Airbnb’s insurance doesn’t cover?

@Jason DiClemente$85,000 with 10% down -8,500$76,500 financed at 7% for 20y Tax and insurance = $400 a month $593.10 or 993.10 ish I want a 5 yr ballon loan where you would go to a bank to get a regular loan in 5 years.These are some some of the details.

Norada walked me through initial steps and gave me contacts to reach out to for lending, insurance, and property management.