@Nick Diecidue my wife and I have done this multiple times (HELOC BRRRR) successfully throughout New Orleans / Bywater / Treme / Mid City since Katrina.

The Add a Photos dialog would be wonderful itf you could add multiple photos at once. 

And so I guess my question is how do I find a real estate agent that is going to prioritize me over other investors, assuming this real estate agent works with multiple other investors? 

Does anyone have a great purchase agreement that you have used multiple times and are happy with? 

I live in Auburn Alabama and the market here is pretty crazy so I have been looking at surrounding cities like Montgomery and Birmingham that are bigger and more affordable.I know that the typical down payment someone’s needs for commercial is 25% so short of me getting seller financing, or a partner, or some other creative finance path my purchase power leads me towards properties that are typically in lower income areas- at least for the ones I’ve spotted. (200K ish) I’ve listened to pretty much every podcast multiple times and often hear people saying that when they begin they focus more on cash flow and as they grow they look more towards appreciation opportunities.

I would like to own this building outright some day, but the immediate priority is I have multiple homes under construction and need the funds to pay for my share of the new builds (have investor/partner on these new builds).  

Several of us on here are involved with it.

And I agree you should get an attorney involved to help with the trust administration. 

That said, if the borrower is managing multiple projects, they may prefer to keep more of their current reserves to use on other projects rather than saving a few thousand dollars in the long run by paying upfront points.

Compare this to your insurance deductible, which can be high near the coast and, as you mentioned, can be higher during a named storm.One wind claim during a catastrophic event should not cause your insurance premiums to go up, but if you have had multiple claims in the past 5 years, the frequency of your claims could cause an increase.The reason I do not advise you to call the insurance company first is that it will be entered as a claim on your policy, even if you ultimately do not receive any money from the company.I hope this helps.