Im an insurance broker and have worked in the insurance industry for over 6 years and there’s 2 things to know... 1) insurance is different everywhere as it is rated down to the zip code 2) rates fluctuate each year and each carrier has a different rating system.

What zip code is this property in?

Can you share the zip code of your purchase? 

May I encourage you to consider looking into the employment rates and the especially the demographic movements with the surrounding zip codes.

which zip code ?

https://www.huduser.gov/portal/datasets/fmr/fmrs/FY2023_code...HUD publishes Fair Market Rents for every zip code in the country.

Location: Marin County Zip 94947Option 1: Detached any sq ft (476sq studio ft or 756sq ft are my comparisons; about $40k more for the larger one)Option 2: Garage conversion on 326sq ft (rickety garage that would probably need to be torn down and rebuilt)What is an effective methodology for comping rents when I can't directly compare to other ADU's?

33617,33603 are two popular zip codes for our investors in the Tampa area.

But all this is rather moot if your limiting yourself to a specific geographic range of a zip code in Twin Cities area so you can self manage, I don't know how anyone could build a fund doing so.

Love to hear from other out of state investors who have used BRRRR in Baltimore.What are your top 3 zip codes?