The activities of the GSE's as they de-risk their portfolios by selling NPL'sThe session was kicked off by Frank Northaft, Chief Economist at CoreLogic who presented a comprehensive overview of the US housing market.

Others simply require proof of their minimum level of coverage.

So, lot coverage, building permits, etc. will be assessed as though it were the entire lot.EXAMPLEYou own a home on 6 acres, you want to sell the bottom 3 acres, but you are in an area zoned for minimum size parcels of 5 Acres (Ag-5), if you create a CPR you can own your 3 acres Fee Simple and sell (or more correctly have someone join your CPR) and acquire the bottom 3 acres Fee Simple, each of your are responsible for own debt, taxes, mortgage, etc. on your own land parcel.One of the biggest factors is I have to focus due diligence on is Water and how much the water supply can accommodate, ie. how many fixtures can be supplied, sinks, toilets, hose bibs, etc.Here is a link to the County's form for calculation in Mauihttp://www.co.maui.hi.us/DocumentCenter/Home/View/4609When creating a CPR, you are considered a developer.

@John Powell as a general overview,General Liability of $1MProperty coverage highlights,1)  Ideally have Replacement Cost, not Actual Cash Value (ACV). 

They are pretty big in the business for parks and they can place coverage in the midwest. 

However, if you prepay PMI premiums for more than one year in advance, for each year of coverage you can deduct only the part of the PMI payment that will apply to that year.

This is a more comprehensive report than you may have been looking for, but it's free and it's solid research by a reputable source.

Also, a good insurance agent will explain the coverages if you are not familiar with them to make sure your adequately covered, without being over-insured.  

Ideally I would like to have my cake and eat it as well, by that I mean I want to have the best coverage at the lowest price.

@Nate Maier A few things to check regarding your insurance program before moving to paradise.1)  some of the WI insurance companies do not like insuring rental properties for owners living outside of WI.  2)  Most of the insurance companies who write insurance in WI, will not be able to write coverage in HI.