Lenders will be relying on the current lease and the concerns mentioned in their debt coverage analysis regardless of what an appraiser may use to evaluate value, they are not related areas as one is to cash flow, the other to asset evaluation.

I looked for an advantage and got the rate classification code for a large development just outside of the city limits, that meant I could rate homeowners policies at a lower rate;I went through that neighborhood door knocking, I only said I was with Met, that we now had homeowners coverage and only wanted the opportunity to talk to them some other time, that I was only making appointments.

BUT, you will owe insurance premiums on all of these contractors who do not have their own coverage.2)  Make sure you get proof of work comp and general liability coverage directly from the contractors insurance agent prior to each project/job.

That is coverage that I have not seen offered in rental policies. 

For apartments we like to see 8+% CAP, 12+% cash on cash and 1.6+% debt coverage ratio.

They should provide you with a comprehensive improvement report at the end, as well as with info on what rebates and incentives you can get for energy saving upgrades.

The quote is for Replacement Cost Coverage and the building is located in Indiana. 

Even then, keep in mind that most plan facilitators, while knowledgeable about their specialty products, are not acting as your CPA and capable of providing the type of comprehensive analysis of your personal situation that a licensed tax advisor can, so you may likely want to learn about your plan options then confer with your tax professional to confirm your approach.Best of luck to you as you get familiar with BP!

Closing on a 4 unit soon.  Purchase price and appraised value is $210,000.Received an insurance quote with replacement cost of $450,000 with premium of $3,200. Received another quote with replacement cost of $275,000 ...

Cool.Now -- are your expense numbers comprehensive and accurate?