As an investment property owner, I understand wanting to avoid any additional headaches that may come with potential water damage.

It is currently a 4 unit, 2 units on each floor, and after my initial walk through of the property I noticed a HUGE unused attic that can convert into one if not two additional units. 

In addition, they have had their real estate agent manipulate the MLS listing numerous time since being under contract, which we have record of.

In addition to price you should condsider the quality of the company (AM Best rates, Insurance dept complaints, reviews,....) and the quality of the agent (do they know this type of business, how many companies do the represent, etc..)

Because of this, I believe the insurance should remain in the seller's name and we should be named as additionally insured, to avoid alerting the lender or dealing with 2 policies.

Builds wealth through appreciation and debt paydown using other people's money.2).

Hey Cody, I would not continue to expect the homes to appreciate as they have in the past, so I would definitely look in to trying to find something off-market, or by offering lower than listed on stale properties that have opportunity for some value add. It

I have a 2018 Jaguar F Type R bought and paid for and I have no debt.

I won't be able to invest for another 5-7 years since my wife and I are working on paying off debt and saving up for a down payment on our own home here in Florida, but real estate really interests me so I am trying to learn as much as I can so that when we do decide to dive into it, hopefully there will be several things that I have a decent base in.

In much the same fashion as when we file permits for a large remodel they will quite often come back saying I want xyz additional work like adding hardwired smokes.