The primary factors that make up your premium are 1) reconstruction costs 2) fire rating 3) coverage levels on liability, separate structures and various endorsements and somewhere in there ( a black box so to speak) is your credit rating.

If so, add the contents coverage.

I received one quote of $660 for 4 months ($500 deductible and no vandalism window coverage) but that seems very high. 

Hi Ben,Commercial lenders look for deals to meet a minimum debt service coverage ratio, typically between 1.20x-1.25x.

My goal is to generate at least 30,000 in passive income in my first year working to supplement my full time job income.

Some if his classes qualify as continuing ed. for JDs, CPAs and RE brokers.Having proper coverage is important, of course, as long as it doesn't become the target in the plaintiff's sights making you lawsuit-bait as they salivate over a hefty award or settlement.Insurance is always about, "Prepare for the worst, but expect the best."

I guess I was more so referring to the limits of five in a year or 10 in five years triggering Broker status.Outside of someone utilizing wholesaling as a side hustle - or as a supplement to other RE activities - you're likely doing an amount of deals that are in excess of these limits.

Mortgage brokers have the ability to shop your loan to many different financial institutions, and they may have leads on off market deals and bring them to you.Insurance Agent – An insurance broker will be able to provide you with the proper coverage on your property.

Supplement this by requiring that prior to any vote home owners be made aware of the proposed law suit, its' purpose, total cost and funding sources, and the consequences in the event of an unfavorable decision.

For example, for liability purposes some firms E&O coverage will not apply if an agent lists their own personal property