The State farm deductible is a little high but some people like the lower premium.

Insurance companies like to collect premiums and deny coverage, don’t give them an easy way to deny.

My thinking is that if I can purchase a rental that will return me 12% or more cash on cash, why should I care about paying a 10% premium in this market? 

I feel like there should be a premium on rent and a penalty for reducing term, obviously they disagree.

Seller is paying $1750 per year premium and our quotes are coming back at $5000+I need some help as this would cut into operating margins.

They do limited releases for 6 lots per month for premium lots, then next month they increase prices on less desirable lots until they are sold out.

But in NYC, FHA 3.5% down loans don't work well because the premium mortgage interest (PMI) is too high: e.g., $1,000,000 x 1.05% = $10,500 / 12 = $875 monthly + mortgage payment + all other expenses; - Down-Payment at least 20%. 

Land is a premium here.

Again title companies want to earn premiums, not pay to fight challenges.I always say plan to hold the properties two years. 

But in NYC, FHA 3.5% down loans don't work well because the premium mortgage interest (PMI) is too high: e.g., $1,000,000 x 1.05% = $10,500 / 12 = $875 monthly + mortgage payment + all other expenses; - Down-Payment at least 20%.