I have clients that are still pulling multiple deals out of 5k or less postcards.If budget is tight, ringless VM + SMS are good channels.

You can speak to your lender about a 'change in circumstance' letter and see if underwriter will take it for the new loan considering you have a new child and cannot live in the space no longer.

It seems like there's a lot of people coming from South Loop and University village looking for more space at a better price, but still want to be in the city.

Some of those variables are the size of the park, number of vacant spaces, number of POHs, number of vacant POHs, number of MH spaces, number of RV spaces, the park amenities, the age of the park, underground infrastructure age and condition, park location, size of the market, value of SFRs in the market, city water or well, city sewer or septic, other utility sources and whether or not they are direct billed, deferred maintenance, cost of management, and more.

Purchase price: $110,000 Cash invested: $22,000 3 bed 2 bath home with about 1,000 sq ft of livable space and a one car garage.

Purchase price: $110,000 Cash invested: $22,000 3 bed 2 bath home with about 1,000 sq ft of livable space and a one car garage.

I've never been in this space before.  

I'm keen to refinance and build a 3rd smaller rental suite under the existing house as it's on a hill and there's a small workshop space with some rock retaining wall that needs to be replaced with concrete foundation anyway.

So 47 total and I promise, most are in areas you likely wouldn't want to have your fist investment property in.The market overall is very tight and people are practically fighting over anything that is decent.

I recently helped 3 of my clients find coverage for their portfolios between 10 properties and 51 properties, so it can be done.My suggestions is to find an insurance broker who works frequently in the real estate investment space, who has the knowledge of coverage, AND the available companies to be able to help you now and as your portfolio continues to grow.For your second question, I would also 100% suggest looking into implementing an umbrella.