Some carriers require limited water damage coverage depending on the age of the property and age of utilities.I would recommend at least 25% (ideally more) when possible and if you're limited to 10% you should make sure you cannot purchase another policy for a similar price.

Hey Colin, it’s fantastic to see someone your age diving right into the real estate world.. reminds me of when a buddy of mine bought his first duplex in Omaha.

What ever area you look at make sure to look at the age of the building.

You'll get a feel for the age of the neighborhoods, the vitality of the commercial buildings, the ease of location, the closeness to jobs.The markets you're describing are more linear, and usually have lower capital appreciation.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

My age is catching up to me after shoveling for 2 hours yesterday.

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.

The house had some signs of foundation settlement when he bought it which were chalked up to age, however it’s clear now that there has been more recent movement (some of this may have been due to an earthquake a few years ago) causing about 3 inches of settlement along this very small house.   

Did we think in May of 2024 that Asheville would face a storm in September of 2024 for the ages?

So, in reality every month your moving close and closer to sucking out months/years of profits via items aging out, cap-x coming to bear.