Oh and the tenant will try to sue you for some BS that gets later thrown out of small claims court but still wastes your time and mental energy*.

Low cost and effective, takes a tiny bit more work but if all I have to do is go on the two sites and update the prices it's worth it.

Get a lay of the land before doing any other DD or you might just be wasting your time on the other parts. 

I'm currently putting systems in place so that when I start my marketing campaign (creating that as well) I won't get disorganized and waste leads.

Does anyone have any advice on how to proceed or if I am wasting my time with this?

Hello so there's this property that I would like to acquire but I want to know if I'm wasting my time reaching out to them or is there a possibility that I could make money on this.ARV: $500,000Rehab: ~$33,500 (probably cosmetics but did 15*square ft just for an estimate)Acquisition price: $390,000 (that's how much they owe on their mortgage)Estimated Costs: ~$47,800My AOC: $10kPossible Profit for Fix N Flipper: $44,400Are my calculations sound or is there something I'm missing?

I think that most insurance can feel like a waste of money but it is usually meant for people to correct them from a major loss.  

Even if you are legally due the EM they can deny and tie up in court and although you might eventually prevail you will waste a lot of time and money.

However It is not going to be very effective for tracking leads.

I would like the benefit of being able to get more information on properties without wasting a realtors time weeding through a ton of properties.