Title offices are usually run by lawyers so form a relationship with one and it is kind of 2 for 1.

Interesting that it is a converted hospital, my first thought is that it's probably built waaaay better than the typical multifamily which is usually cheap as possible.

Also, do you usually calculate for forfeiture (or FC if applicable) as worst case scenario?

They look like they are in deserts usually.

Usually the threat of a complaint with the commission will motivate them to negotiate with you.

Where do you usually go to find local rental rates?

there is nothing wrong with Blue Collar demographic.With your description above it is impossible to give proper feedback.How many people live in the town?

The private flood policies usually won't pick up a property that has had a flood loss before, but a knowledgeable Nerd agent will look at all options to get the best coverage possible. @ Chris Happer you are absolutely right a Flood Cert (properly named (ELEVATION CERTIFICATE) can help with the rating for the NFIP (government) policy.

Usually you can always refi these after some appreciation and re-use FHA as long as it stays owner occupied, so that helps with getting more property.

In this case it is usually up to the tenant to ensure you have it filled annually.