Stan,I found Lighthouse Property Insurance Corporation online. 

If a first time buyer you could very well get away with 5% down, but you'd be paying mortgage insurance.

The larger you go up in center size the PM fee can come down to 3% in some cases.CAM ( common area maintenance fees ) typically cover property taxes, landlord insurance, PM fees, maintenance to the building and service contracts.Some tenants instead of a NNN leases have NN lease or a gross lease.

I do know that at every closing I attend the seller has to sign a document that is reported to the feds stating that they are not a foreign investor. 

Have you considered getting an umbrella insurance policy instead of an LLC for your first few properties?

@Amy Jo Holweger I’d say 200 bucks a month is fair after accounting for PM, mortgage, repairs, capex insurance and taxes 

So if you don' t read the condo documents you may purchase and find that you can't rent it out because there are too many rentals.Also, there is a risk of special assessments at underfunded condo complexes. 

The Insurance company sent in a check for the Actual Cash Value.

@Joseph Sangimino  me personally having bought a note in PA last year ( not my normal day job)@Mike Hartzog  I like to leave that to the experts LOL.but if I was looking to buy this park  and I have owned a half a dozen of them so I like the asset.I would let this hedge fund clean up the title there in PA and then buy it as an OREO with new title insurance.. let them do the heavy lifting.. 

However, I do have a car note, insurance, student loans and a phone bill that I pay for every month.