This also allows you to be involved and gain experience for the future. 

This would effectively double the income I am currently receiving from that specific unit.

I know one of the main qualifiers is it has to be owner occupied - which is fine.Will there be any issues with this second purchase being in the same town as my first MF home?

Curious whether you have solved this yet?

While this approach works in the early stages, there comes a time when consolidating all your properties' insurance into a single, scheduled program might be more beneficial.

For example:Task              Estimate       % Certain       Low Estimate       High EstimateDemo            $1,000           80%               $800                    $1,200Roof             $8,000            90%               $7,200                 $8,800Construction $8,000         80%               $6,400                 $9,600Misc              $4,000            90%               $3,600                 $4,400--------------------------------------------------------------------------------------------TOTAL           $21,000                               $18,000               $24,000For me this is useful to determine a good deal because if the high estimate is still good I know that even if everything goes poorly it will still be ok.

This was on Labor Day and I got a call from the neighbor with this picture.

This market calls for patience and perhaps a little extra negotiation savvy, but for those who lean in, it’s packed with potential.Sellers, hang tight!

Hope this has been a great year for you! 

Would this be suitable to get started?