Same goes for any pre-arranged deed in lieu of foreclosure, always better to just follow the laws and do what is customary.....that being, now, a Note and Deed of Trust.A CFD will also have insurance issues, assignments of losses must be made, can have double coverage, where the owner may need to act in the event of a loss.

Bradley, which was appealed up to the Supreme Court.[31]The District Court in Milliken had originally ruled that it was necessary to actively desegregate both Detroit and its suburban communities in one comprehensive program.

Keep a high level of liability coverage, that picks up anything that can be claimed against you, win or lose.

They wanted the property to have a DSCS (debt service coverage ratio, which is NOI / P&I) of at least 1.2 and would go up to about 50% on your personal DTI.  

At one property the oil costs were $4,700 a year, and after the gas conversion were $1,500 a year.Insurance coverage & deductibles:  By tweaking the coverage and deductibles you can potentially lower the insurance premiums. 

Fix the issue and maybe require the upstairs tenant to have 80% floor coverage with area rugs to reduce the noise further.Musicians and others may look for cheap places but the rents you're talking about don't sound cheap (and frankly it's too large to be "cheap").Is a 1% dumpy rental the best you can do in the Nashville market?  

Of course flood damage coverage is unique to the national flood insurance program, but basements can fill up with water from a lot of sources and I see them every week.ServiceMaster or similar companies are good but they charge a lot for work that's not rocket science.  

Total premium is 1027, and seems to be the cheapest from the 10+ insurance brokers and companies I called, for this amount of coverage under a replacement cost policy.What do you think?

@Arlan Potter - as part of the comprehensive review of the property, we did the die tabs in the toilets to check for leaks.

For builders risk and vacant house coverage, you can contact the company given in the profile of @Tim Norris .Typically, insurance companies want to know the age and composition of the roof.