My current mortgage is $410 a month, insurance is $80 a month and taxes are about $50 a month...

A  few things you mention stand out.In no particular order:You probably know this but FHA loans only require 3.5% down, although you do get a very small .05% break in monthly mortgage insurance for putting down 5%. 

For DTI projections on purchases they will usually use either 75% of appraised rent off the appraisal, or current rent documented on a lease, whichever is LESS.

I was wondering if folks had insight on quotes for landlord insurance.

Just as a little background, my first flip was with two partners, one of whom purchased and insured the property. 

Start with the underlying HOA documents (Declaration and Bylaws). 

I’d buy them individually, all at once.....the financing rate and 30 years would offset any additional closing costs, and many of the costs you’ll have will be the same anyway...title search/insurances, appraisals, recordings, etc.

That way, you don’t infringe on any copyright laws or step into the murky waters of changing someone else’s legal document. 

I have a decent budget for a down payment for several units and I was thinking of starting with something like the following...Unit type: Condo (only looking at turnkeys; not going to rehab - much)Asking price: $182,000 - would offer $160,000Fair rent price: $1,600/moProperty taxes: $2203/year; $184/moHOA: $223/monthMortgage (P&I): $635/moLandlord insurance (estimated): $20/moOptional considerations:Property management: $160/mo (10% of the rent; I am not going to use property management at first; I will manage it)Vacancy: $160/mo for as long as it is vacantRepairs: $80/mo as neededI obtained the optional numbers above from here:https://www.biggerpockets.com/renewsblog/2013/01/1...This comes down to...Worst case scenario of $138/month given vacancy, property management, and repairs.Best case scenario of $538/month without any of the optional considerations - so hopefully this is the profit I would be looking at almost every month.Thoughts?

I am trying to analyze a lot of properties and i am having trouble with figuring for property insurance.