Some brokerage wants you pay $2500 insurance in lump sum not to mention most have desk fee, technology fee, background checks.Suggest wait til you move to NC.

You should take into account the expenses that go along with it, taxes, insurance, are you going to keep the utilities on you will need heat if you don't want pipes to freeze or you will need to winterize the property, if you are financing you will have those costs.

Also, do not forget to have seller pay for title insurance.

Here’s one I’m asking as a renter, though it’ll also be good to understand once we have rental properties:My annual lease renewal is coming up, and I’m now required to have $100k of renter’s insurance and to put the landlord on the policy.

Hi,I keep reading conflicting things about how to handle insurance for a "subject to" purchase. 

@Lindsey Crawford it depends on several factors, primarily how much it will cost you out-of-pocket for gas, insurance, property taxes, maintenance, etc. 

He has around $100k he's looking to also invest in real estate and a stable job he's maintained for 20+ years.

For example, for insurance, maintenance & repairs reserve, utilities, and PM, i generally assign 10% of the monthly rent to these. 

I have a different insurance company handling each state. 

Does anyone have experience with Business Interruption Insurance?