I’m personally happier entering into longer leases, even though they purport to offer premiums over market rents.

I'm curious for those of you who currently own investment properties in those areas: Are you worried about insurance premiums skyrocketing and potentially being left without property insurance (like some places in Florida)?

So I am paying a premium to the GC for the extra facilitation of the SC's. 

I would also look at my Insurance premium and try to see if I can get something cheaper. 

You're going to pay for all the utilities and insurance premium increases? 

You'll have a reduced death benefit, as most of your premium will go to the cash value.  

But they won't pay a premium for this so price accordingly.

You will pay an absolute premium for new construction, just as when you buy a brand new vehicle.

We were okay with paying a bit extra for something we love, but with the added complications of the undisclosed claim and the high insurance premium due to the property being in a high-risk status, it’s become a concerning situation.

If the market is great and has future growth potential expect to pay a premium.