We also buy quite a bit of liability coverage and umbrella coverage.That having been said we do always question how replacement cost is computed as underwriting is often doing that from 1,000 miles away on a data base knowing nothing about the property and they have always been willing to adjust a bit when we have felt it appropriate. 

Finding someone to do this for you could be relatively expensive, so best you contact the city, find out the process and handle yourself.Once you have city approval, you can then hire an architect to design the new structure, or buy plans online.

It will be great to have the data for a unit to extrapolate to any building. 

Hi Indy Investors,Just curious to know what are the returns you are getting for a standard 30-year buy and hold properties at Indianapolis, Marion CountyI am feeling, most of them who invest here, do flips, BRRRRs to ...

For us, there are proven designs (mostly by Whirlpool), and then there's everything else:1. 

With so much data out there (ex:population growth, employment, crime ect.) how can I pinpoint one market to invest in?  

This is the DP2 - The terms that are designed where someone/something else is paying for the rest.

Use a designer experienced with short term rentals. 

Locally getting some of the public record data is impossible to get anywhere outside of the MLS.  

We pay close attention to the market and review market data through Zillow and Craigslist regularly, as in at least four times each year we put together spreadsheets on the competition on a square foot basis.