Also, the quitclaim deed may void the title insurance policy that you got at closing.

I am looking at a few D-class rental properties in Northern Louisiana valued between $45k and $80k and am in need of a Insurer who can insure my rental properties.

@Joett Ocasio The payment for our $300K house came to about $1,800/month after taxes and insurance was tacked on, but get this.

My day job is doing IT for an insurance company in CT. 

@Eric TanHe would still have ownership which makes him responsible to maintain R E Taxes and insurance unless you structured a Triple Net Lease.

Don't forget to include taxes and insurance in your analysis.If you break even...I suppose you can take the appreciation.  

I pay: $964 Mortgage Per month$233 HOA Per month About $100 for Gas/Electric Per month$18 for home insurance Per monthSo it’s about $1315 a month for the property.

I'm looking for a Claims Adjusters in the Philadelphia PA area. Any referrals would be appreciated.

These can be financed if a full remediation has been completed with the engineers report and insurance coverage can be bound.

I know its not legal.. but I self insure myself in that regard. some say its recession proof and some say not.. my banker says not.. he says when economy gets tough they just won't spend 200 bucks a month to store their stuff they either up and leave it or move it somewhere else.. so that's two opinions.my units were quite unique one they were A class and two right across the street from 300 floating homes and all my tenants save a very few had house boats.. so I kind of had a captive audicance and once I got it converted to mainly all houses boats..