Options for protecting your investment during rehab process

[Jason Tassinari]

Hey group, I wanted to reach out to you all and get some of your ideas on the best practices for protecting your investment during the rehab process.

I am looking at a property in a lets call it a “D” neighborhood. The numbers are great but the unit would need some rehab and I wonder how to protect the unit from theft and vandalism while the work is being done. 

Looking forward to your thoughts and comments.

Thanks I’m advance !

[Jason Bott]

@Jason Tassinari in regards to insurance, Theft coverage as part of the Builders Risk policy will be difficult in high crime areas.  Most policies will have Theft and Vandalism excluded.

If you can find coverage, it most likely have a $5k-$10k deductible with a high premium.