I've been getting some quotes for insurance and the premiums are very high.Quote 1 - Vacant Dwelling Policy from Evanston Insurance Company. $1200 for 3 month term                $160K Property Value (incl. improvements), $300K LimitQuote 2 - Builders Renovation Policy from Lloyd's of London. $917 for 3 month term                $80K - Property, $300K Liability, $1K deductibleBoth seem very high and I can't even use quote 2 because I am not using a licensed GC.

I am interested in similar titles, books that are almost like manuals and a very applicable when it comes to multi-family investing.

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

If they have one, I would then interview them using the same questions that Thomas provided.Additionally, you can ask the following for referrals: your lender, title office, look for a realtor yard sign in front of finished flips homes and reach out to them, etc.I'm in the East Dallas area so lets connect, perhaps we can work together in the future.Thank you,Price

Hi Mark P,I posted an article here a month ago from the Canadian Real Estate Magazine titled, Investment strategy for Canada's Wealthy.  

What insurance should i take 3.

Do we still go to a title company?

If not will you have any positive cash flow after taking out all your expenses including insurance, taxes, etc?  

Is insurance really that low in Memphis($450)?

@Michael Lang,Indeed - your thread title was well chosen.The entrepreneurial mindset differs quite radically from the consumer mindset.The consumer mind says, "How much does it cost?"