Having never been a habitable dwelling before, they may require engineered drawing/plans.

Yes at the end of four years you may be sleep deprived but my only regret was the working full time, when doing real estate 20 hours would have made me much more money and gave me more time with my wife, but I had "safety net syndrome" caused by a weekly paycheck habit .

ThanksTexas has an implied warranty of habitability that appears to mean a rental must be dry, heated, with flushing toilet, etc.

Greg, I think staging is vital to getting top dollar for your renovation.

I just got in the habit of closing on all of my "wholesale" deals from the beginning and owning them before reselling.

Most "mentors" I've seen do things that aren't totally correct, many lack the depth of knowledge to really teach, so you'll end up staring off learning bad habits or attitudes.

From what I've been told, you can only get massive results from taking massive action and to be successful, one must develop the correct habits of practicing the right actions consistently over a long period of time.

I have never had the question come up on an application for habitational insurance.

So short answer, 'NO' do not simply satisfy the mortgage as a gift from heaven unless you are in the habit of throwing your money away.

there may be relatively minor problems with the property or there could be a major damage to vital components.From the properties that I've seen there is also wide disparity on what is insured/uninsured by HUD.