You can expect  maintenance and expences will be in the 50% range of the rental rate so your profit is dependant on insuring the lot rent does not use up the other 50%.

And our insurance really doesn't like short term/tenant-at-will leases.

Obviously, the owner of the property still needs to pay property taxes, insurance, utilities, etc. 

Home Owner Insurance Premium = $12007.

Lender sold it to me before forecloser docs were completed/filed extending escrow.5. get title insurance!!

One other note, regarding the title of the post....we do have an umbrella policy in place as a layer of protection for the flips and other BRRR we did.

Make sure you are using good % for your capital expenses, monthly maintenance, vacancy estimate, and property management fee on top of your taxes and insurance.

 I live on a 2 homes on a lot with my owner my landlady in the front house me in the back,Okay I got permission from my landlady to go ahead and put up a 16x 48 in pool then she's later comes to me telling me I need to get renters insurance and I need to put a gate with a lock. 

I use them for insurance and have been happy with the service, but hear they can be slow to close during the home-buying process.Are there any neighborhoods i should be focusing on to maximize returns?

This will cover just about any problem that would not otherwise be covered by insurance.