As long as she has documented and confirmable income that covers the rent that's the major point to me.

Buy in areas that are less susceptible to large insurance increases (which is getting harder to do)

Hey Brett - glad to help with insurance numbers, both as a broker and can introduce you to other NC investors.

@Will MorrisonCheap is definitely a relative term when it comes to property insurance.

I've been a realtor/investor/flipper in Houston the last 5 years and just recently pivoted to starting my own insurance brokerage with some partners. 

We either have a builders risk policy or run without insurance.

Quote from @Rereloluwa Fatunmbi: Quote from @Benjamin Louie: @Rereloluwa Fatunmbi Purchase Price: $195,000Units: 1/1, 1/1, 2/1, StudioStabilized Rent: $3,165/moEstimated Monthly Expenses:Mortgage (DSCR, ~80% LTV, 5.5%, 30 yrs): ~$1,100Property Taxes: ~$200 (check exact amount, NE Ohio usually lower)Insurance: ~$100Utilities (wrap for single meter): ~$200–$250 (budgeting high)Maintenance / CapEx Reserve: ~$250Vacancy (5%): ~$160Total Monthly Expenses: ~$2,010–$2,060Projected Cash Flow:Stabilized Rent $3,165 – Expenses $2,060 ≈ $1,105/moNotes:Utilities can be lower or higher depending on efficiency and tenant behavior.Maintenance includes minor repairs and small updates; major items (roof, HVAC, plumbing) would be separate capex.Vacancy may fluctuate; 5% is a conservative estimate for this area.If you wrap utilities into rent, you might lose a bit on the 2/1 and studio, but it keeps things simple.Takeaways:Even with conservative budgeting, the deal looks solid for cash flow.DSCR loan works here since your actual income isn’t needed for qualification, but check prepayment penalties if you plan to refinance.Consider documenting all systems and unit conditions for future resale or refinance.

No insurance company will insure a house with cloth wiring.

I hired a PM and also umbrella insurance policy 

@Jess K.Hey Jess,I don’t think you’ll get very far making an insurance claim solely on the basis of soil cracks or the possibility of slope instability — it’s extremely difficult to prove or quantify whether dropping tree trunks directly caused long-term slope issues.