I do this for a living and I have issue occasionally but am set up to handle you will get harpooned in a deal that does not work.There are way to many lending OPs on the west coast that will make this return much safer etc.you should ping Charlie and see what he offers  start there learn the trade .

There are two basic kinds of single family places most investor seek:- Newer nicer in good neighborhoods with good schools, convenient travel to work, and plentiful shopping.

., an individual who has relationships with several lenders and shops deals around in order to get the best deal for his/her borrower?

My wife picks up cheap decorator items at The Christmas Tree Shop for nick-nacks.

This may limit the options of insurers available to you so shop around.

Particularly, I've always enjoyed highrise condos downtown.However, being familiar with the industry, I know SFRs are generally safer and more profitable due to condos astronomical HOA fees and legal issues.Does anyone have advice on buying a highrise unit I could enjoy but also making the best investment possible?

I shop all of my insurance.

Do you think that is a safer way to go versus a cash-out refinance?

They do review the loan but we make payment a lot larger than the minimum payment (interest only) so it should not be an issue.We found that every bank or credit union has their own HELOC product so it helps to shop around.Good Luck!

The house has 3 units and I need to find homeowners insurance, I am been shopping around and the quotes are very expensive ($280 - $350 a month).