Long story short, I don't like factoring in lower costs just because a unit is freshly built/rehabbed. 

.: On Martel's FlipSystem site, it says people make $10,000 to $20,000 per deal after expenses.

They currently sell attached duplex/triplex/quadplex in Central Oregon at prices LOWER than MOST resale closings on MLS.

We split expenses 1/3.

Any advice or suggestions to lower my insurance bill would be appreciated. 

Quote from @Uzziel Cortez: Hello everyone,I am 31 years old and finally ready to dive into the deep end here.Looking over the strategies I think I want to start with Out Of State MTR / LTR strategy.My though is travel nurses or university students will be a good market / consumer base to tap into.I live in Orlando FL but looking at lower cost markets such as Texas or Indiana.Looking forward to hearing any tips yall might have for me.Thanks Welcome aboard.

Many investors from markets where the numbers don't work, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

POHs are more expensive and have higher turnover than a community with tenant-owned homes.Here are the ways that I turn POHs into TOHs:1.

If my net income (rents- expenses and mortgage) is below $0 do I still have to file in Oklahoma? 

I advise my clients to get a PML that will finance 100% of the purchase and rehab expenses so when the property is stabilized, we can treat it as a rate and term refi and use the new improved value from day 1!