I added the below link to a blog that explains this as well.https://www.biggerpockets.com/renewsblog/2013/04/1...

There are some great books on this matter, check out the craftsmen blog, and a book called 'living in the past'.

There is significant liability with co-insurance - see like below:http://www.viainsurance.com/blog/bid/50082/What-Does-CoInsurance-Mean-and-Why-Is-It-ImportantSo I contacted the insurance broker and had them remove the co-insurance which meant they increased the value of the property insuring to the full replacement cost estimator value - raising the premiums slightly.

Also, check out the podcasts and blog posts for more great REI tips and tutorials. 

Usually going back to an older sale is better than considering a property further away, a sale 10 months ago would be better than a comp 5 miles away with all other things being equal.You can find the way comps are viewed on the Appraisal Institute's web site.As you'll see there, the appraisal methods used in the market with comps is a process of deducting or adding to a sale price of the comp based on how the subject compares to the sold comp.

Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

AAA Landlord Services, google it for the exact web address.

Here is Rich's follow-on posting (in his blog):http://www.biggerpockets.com/blogs/575/blog_posts/2786-retirement-secret-part-2-my-1st-part-http://www.biggerpockets.com/blogs/575/blog_posts/2792-retirement-secret-part-2-my-part-deux-

I waited 2 more weeks and the owners name was updated on the county web site.

The reason this entangled so many people in its' web was not that it was such a great deal, but rather the owner financing offered, as well as the Go Zone Benefits.