We had so many issues with correct payments, insurance fees, etc.

Hi everyone,Looking for referrals on insurance companies who cover multifamily in Oklahoma City, does anyone have any referrals? 

Get insurance quotes.Find out when they last replaced hot water tanks, roofs, heaters, etc..With the info you gathered determine if it makes sense based on the price.  

You should have your policy for annual rent increases in your lease.

If I wanted to move my other policies to my LLC will I need to change my insurance to commercial or another plan besides residential to protect the possibly of piercing the veil of my LLC should something happen? 

I need to get it insured but having a hard time finding insurers for vacant properties.

Value 1.3 MillionObvious expenses Taxes, Insurance,  allocating 12% to maintenance.

I am going to owner occupy the 2 bedroom unit and that will be in the purchase agreement for it to be vacant upon closing, I am using FHA financing, The current seller loves the 2 tenants renting the 3 bedrooms and was very relieved when he heard I wanted the 2 bedroom vacant, I'm hoping the current long term tenants have done there research and expect the rents to be raised because they have been there for 10 years and 20 years, Each unit just has separate washer N dryer hook ups, one of the 3 bedrooms has a garage bay and storage included in the rent (640-690/month) and the other 3 bedroom has a large storage unit included in the rent (640-690/mo) I would like to get at least 1k/mo per unit which would make the place cashflow, mortgage will be 1400-1500/mo which includes everything insurance, pmi, taxes etc.

(of course this can be remedied with title insurance which is part of your vetted team)2) Don't understand the Time Value of Money and how discount, terms, face rate of the note, an time all play into calculating a true yield, ROI or Internal Rate of Return. 3) Don't want to put effort into researching and fact checking before presenting a deal for consideration.

My goal is to remove the existing mortgages from my personal credit into the LLC where we have landlord ins and an umbrella policy.