Last I heard, they were second highest in the country, with Miami being #1.If you have a loan on your property, your lender will typically require you to carry "Named Storm Coverage" (NSC) insurance. 

That seems to carry more weight when the tenant agrees in court and the judge writes it on the judgment.Good luck!

@Jeff Bisgier It depends on your risk tolerance.

@Hunter BylerA minimum of 6 months seasoning before lending off an appraised value is a form of risk management that the vast majority of lenders have written into their guidelines.  

Im relatively risk averse, which is why I paid cash instead of mortgaging but I also wanted the ease of taking the income as my main income.

JustineGreat job so farYou have a lot of skin in the game and more risk.

Carry a small balance and pay the minimum bill plus a little extra each month.

Your capabilities and risk talorance comes into play.

@Tim Gordon I’m just risk adverse and haven’t done any of my own personal deals yet.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.