Apparently a trifecta to ensure I pay as much for an insurance premium as possible.Does anyone know a good insurance company that insures higher risk homes for a good price?

I'm curious to hear what investors in the Philly market are investing in and how your strategies have changed to accommodate the ever changing world of real estate.Let's talk specifics!

We are moving to our first project of fix and hold using BRRRR strategy. 

Or what is the best tax strategy in this scenario?

There's many different strategies in investing (flipping, long-term rental, short-term rental, BRRRR, etc) and you can learn more about each of these to start to figure out what path is right for you. 

I have decided on sticking with my strategy of flipping (I did a mentorship on this and know the most about the process) but also running rental rates and more market info when picking my flip to use BRRR as a backup strategy. 

With the underpinning, make sure you get someone whose done it before and has a lot of insurance. 

I'm right next door in Gaithersburg.If you don't have a property yet, I'd attempt a househacking strategy.

From what I understand the two best strategies are Skip tracing - Cold call or mailing.

Someone gets injured in the basement your home owners insurance probably will not cover it and the liability would be pushed back on you.Would suggest discuss the finish with a Licensed Contractor, Licensed Expeditor and maybe a zoning attorney in regards to adding a unit to current zoned two unit converting to a 3 unit.Also, when buying a two unit and converting it to a 3 Unit, read your documents with out knowledge of the conversion the bank holding your mortgage could call your mortgage.Let me know if you have any questions.RegardsJoe Scorese