Is there a food source nearby?

@Scott Vance  wow never knew that Thanks  I learn something every day on BPhttp://www.exeter1031.com/1031_exchange_personal_p...Overview of Personal Property 1031 ExchangesPersonal property 1031 Exchanges often include, but are certainly not limited to, exchanges of: corporate aircraftcommercial aircraftaircraft enginesaviation related equipmentshipping vesselsrailroad rolling stockautomobile fleetstruckstrucking equipmentlivestockgold coinspaintingsart workIntangible personal property 1031 Exchanges can involve assets such as: radio and television broadcasting licensestaxi medallionssports team franchisescopyrightstrademarksinternet domain namesURL addressesfast food franchise licenses

You definitely can find a food deal out there!

 - all while bribing them with food!

My understanding is that drywall is food for mold(at least the toxic black mold).  

As the note holder, you, or your servicing center, will be listed as the mortgagee, which means you can call the insurance at any time and make sure coverage is in effect.  

I need to buy my first four plex and I am starting that process and will look at them with my co-worker (He use to be a electrical guy building houses) and pay him in beer and food.

@Francis Rusnak Just food for thought. $75 rental gain x 4 units = $300 a month. 300 x 12 =$3,600 annual.$3,600/ $10,000 = 36% return on your investment to bump rents.

A little food for thought.

The insured is the title holder, regardless of whether there is a mortgage.