Hi BiggerPockets community,can someone please point out any major obstacles in re law while buying vacant land in the state of California

I have called a few major insurance agencies (Farmers, MetLife) and so far the quotes I am getting sound fairly outrageous, at least compared to what I am seeing across the site and my expectations.What kind of rates are Chicago investors seeing for multi family apartment buildings, and what agents/companies are you using.  

These are the major ones.

The only reason my tenants have my number is that the vast majority of my tenants are elderly, and don't use email, so I gave all of the tenants my cell phone number.  

Besides all the typical rental and flip risks that I'm well aware of are there any major downsides I'm not thinking of?

Over time they can transform from motivators, to demotivates if you don't take action. 

Account ClosedI never bought in Altoona, but I think of it as many other towns across PA and the country outside of major metro areas. 

I don't see any major slow down from a rate hike.

The job is a 20-30K job I don't see how that would be a small job. majority of the work is painting, windows, and electrical 

There's no "1 answer fits all", but I consider 2 major things with multi-family:1.