On a rental, find what the property would rent for per month, multiply it by 12 (annual Income) and then subtract taxes, insurance, holding costs, (whatever else you account for) and divide by your offer price to get your net ROI.

. - Title Company:: In the purchase agreement the seller should be required to provide an owners title policy insurance.

My other question is if anyone recommends an insurance agents in the nyc area who can write a policy for my situation if i did airbnb for the rental unit?

Even under RESPA if the seller is paying for title insurance for both the buyer and the lender, they can dictate the title company.

I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount. 

I am considering increasing my home insurance deductible from $1500K to $4000K.

@Taylor CochranOkay.So, you have to treat this like a buy and hold rental with you also living in one unit.So, you need to calculate the cash flow and the ROI.On the surface, if you're renting part of it for $1,750+ and mortgage would run around $2,500 at 4.5% interest rate.That leaves you with a negative cash flow for the investment before you consider property tax, home insurance, and reserves for maintenance, capital expenditures, vacancies, utilities, and property management.You should check out the Bigger Pockets video on rental property analysis.

Hello all, Closing on a multifamily(2 family duplex) at the end of this month and I have been getting some pretty high quotes on homeowner's insurance.

Through a lengthy and thorough insurance claim, I doubled my money so that was very good! 

4 bdr house with 2 bath, remodeled kitchen, no major damages or repairs in FullertonSqft: 1377, 6018 lotPurchase price: 460,000Closing cost: 13800Down payment: 92,000 20% downMonthly mortgage: 1864.60Rent income: 3000Property taxes: 421.67/month Insurance: 100/month Vacancy: 100/monthCapex: 150/month Total expenses: 805Financing: 1864Income: 3000Cash flow:~330ROI:3.74So this is just me practicing for a property in Fullerton.