Condo insurance should be much less than 150 a month. I pay only 30 a month on a 3br 3ba that I rent out. My spend on advertising is ZERO – I use craigslist.com which is free, and it generates huge response. Also, they wont have MeloRoos in MA, this is a uniquely California cost, created by the CA legislature as a way to get around Prop 13 limits on property tax increases.