High premiums but really solid coverage and they'll actually have your back if something happens.

Daniel, you should connect with a local agent as your area can have Flood and Wind/Hail issues that can add large premium swings.  

The problem will be collecting the premium from them   Good luck

They would be paying you a premium for your risk of them essentially piggybacking off your mortgage loan/credit. 

@Taylor Robertson- thanks for the  post - the conv  option is definityely the best option ...avoid  FHA if  possible due to the  high and  permenanent mtg ins and also  having to  pay the  additional 1.75% upfront mtg ins premium ( ufMIP)  ....if you buy a  sfh - you should be able to  use a conventional  propgram  with 3% down ...if buying a duplex - the  down might be  5% ...I would need to check 

I don’t however think you could charge a premium for them though as few tenants would willfully pay extra over the normal utilities to help you recoup your expenses.  

It's difficult to measure what kind of premium the market will pay for updates.

Listmates,I am getting real tired of paying a million premiums, and extra payments for fire, flood, str, and whatever else, The payments constantly seem to be due, autopay doesn't always work, and its overall just really annoying to deal with all of it. 

I estimated insurance at 4k a year, this is due to being in a coastal region so this would be the set side for premiums and deductible as they are a percentage of value during hurricanes. 

@Anthony HollingTurn Key homes are sold at quite the premium for convenience.