. - thats fix and flipBRRRRbuying property for $400k, ARV $700K, will try to save in renovation but will still come out to about $140keach 3 bedroom apartment in area is going for $2,300/month (confirmed with rentometer and local listings) Taxes are $5,300/yearso what I did was $2,300/month each unit = $4,600/month75% of $700,000 = $524,250 at 4.25% = mortgage payment of $3,943.82/monthWhen you add water, tax, insurance, maintenance I am getting another $1,138.75/monthso in the end you negative cash flow ($482.57)I know the property is being bought at the right price, compared to location, but can that be possible where a property makes sense as fix and flip and not as BRRRR? 

Sourcing insurance and handling claims Legal suits such as ADA, slip and fall, environmental, etc. 

@Adrian Fajardo - during the year I resided at the property the rent that I collected from my tenant covered mortgage, taxes and insurance completely. 

-Settlement Fee: $595-795 depending which title company you hire to close the transaction-Owner's Title Insurance Policy: Roughly 0.2-0.3% of the purchase price-Recording Fees and other Misc: Another couple hundred dollarsFees that will only be present if you are using a mortgage to purchase the property:-Origination Fee: Varies and is typically represented as a percentage of the loan amount-Lender's title insurance: Another roughly 0.2% of the loan amount-Appraisal: $500-650-Misc Junk Fees: Processing, credit report, flood cert, etc etc etc: A few hundred to a thousand dollars depending on the mortgage companyCosts that are not fees but still need to be settled at closing:-Prepaid interest (if there's a mortgage)-First year insurance premium-Impounds to set up tax and insurance escrow accounts (if there's a mortgage that escrows T&I): A few month's worth of each-Prorated taxes, water, sewer-Heating fuel remaining in tanksWelcome to New Hampshire, and happy investing,Troy

There isn’t enough time left on this deal to insure that would fix it.

@Mike McCarthy is right--you don't just HOPE there isn't a title issue--that is why you use a title company and get title insurance.

Anyway,  I'm having difficulties with my insurance company, at least that they decided to drop my insurance due to some vague issues.   

After all that, make sure your rental rates are SOLID and you are accounting for maintenance, management, and vacancy in addition to your other fixed costs (taxes, insurance and mortgage).You can find more info on my link, on my youtube or facebook if you want any more help on this. 

Have checked with an insurance agent to see what a renter policy would cover and adding yourself on as an additional insured .

I also connect them with contractors, inspectors, property managers, landlord insurance companies, and lawyers.