You can include insurance premiums in the initial underwriting models, but it's wise to ensure there are standard things covered by the insurance company, like 12 months of lost rental income, etc.

All conventional mortgage lenders to my knowledge use FICO, but each credit bureau also has multiple versions of the FICO model too.

Also good is Foundations of Real Estate Financial Modeling (Roger Staiger), and anything by John T.

I am not a fan of this model, since it reduces cash flow, but is this a viable option for raising money?

They are similar in how you financially model (NOI, cap rates, etc.) but the component parts and various risks are quite different.  

The excess capital generated by the real estate business is used to passively invest in real estate opportunities.Sure, this model is a lot of work... but to exactly John C's point above, i'm not in a rush to leave behind a career that I enjoy, find fulfilling and pays for more than 100% of our lifestyle ... only to 'retire' before the active real estate business has started generating at least as much as the primary day job does.

Assuming the services are provided adequately and equally, which model provides the best value to me?

They also looked into replacing washing machines with energy efficient models to reduce usage. 

Create a Model: Facebook started off at a single school.

How could the pricing model differ from a co-op ?