We make money on Insurance & we make money when you sell.Why aren't they just keeping these awesome deals for themselves?

The owner will have an idea of what their terms are so be prepared Owner financing has a lot less costs than a bank  including  mortgage insurance ,lender fees etc 

Property #22-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.6k/moOperating expenses (per month):- Vacancy: $180- Repairs/Maintenance: $70- Taxes: $295- Insurance: $135- Property Management: $180 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).

For example if I were looking at a property, I know I want to make $100 per door minimum in net income after all expenses including insurance, taxes, capex, maintenance, utilities, vacancy etc. 

I am paying cash so no lien holder but I still want to insure the property.

According to my insurance agent, the only additional insurance requirements from a “normal” four-plex is taking into account flood risk / insurance - no other liability concerns.I’ve never owned water front property myself, let alone rental property on a lake.

That's because underwriting standards only take 75% of the income into account and presumably your tax returns are showing deductions.

The HML is requiring that I have at closing an insurance policy paid for one year, but I am having a hard time finding providers that will insure a place going from rehab (vacant) to occupied all in the same year.

Here are some details:Mortgage owed upon inheritance - $50,000Buy-out my brother - $45,000Renovations - $20,000Total Cost - $115,000 (I took out a home equity loan as the property was worth $215,000)Total Rents - $1,575Total Expenses - $1,400 (Mortgage, Insurance, Taxes, Property Manager, Cap Ex, Maintenance, Vacancy)Net Income/Month - $175Good deal for me!

., title insurance you buy for the buyer.