Are there ways to reduce premiums without compromising on coverage?

That's a pretty dire situation as an economy we are currently in with no relief in sight.I'd sell as a lease/option to someone who can’t get bank financing (such as a successful business owner), getting 20% down and basing the strike price as a 20% premium for 2 or 3 years down the road, charging a reasonable interest rate to get cash flow.

Tell me what you use, why you use it, the scale or size of your operation and what’s the most important feature that this CRM has that sets it apart from the competition?

I advise clients not to solely rely on AirDNA data for performance analysis as there can be some variation based on amenities such as hot tubs, premium decor and design and general operational excellence. 

Boat and RV storage is at a premium for many people so you have a good idea to use existing land to generate income without doing too much in the way of improvements.

The broker I'm working with, mentioned that any company can cancel any policy within 30 days of approval and that any premiums paid will be refunded, but my main concern is to get a policy in place for this property.

You can also get a 10% premium discount if you do Breezeway's Safety program.

Higher Operating Costs: Investors may face rising property taxes, insurance premiums, or utility costs, which cannot always be offset by rent increases under rent control.

We were featured in a couple of real estate magazines that were widely distributed among real estate meet-ups, and pretty soon, the word began to stick.  

Hello Chad, Unless this property is in the 100 year floodplain, the Detention pond lots are usually the premium lots in the neighborhood.