@Brent Logsdon sorry I missed this.

Unfortunately for you, school has already started, so you missed out on a lot of potential renters. 

However, it’s always best to check directly with your insurance company or consult with a public adjuster, they can help interpret the fine print and ensure you're not missing out on any potential coverage. 

Option 2 is missing too many details even for a cursory evaluation.  

For every newbie wholesaler who does 1-2 deals, there are 100 or more who spend their last dime on one month of marketing and don't realize how long it takes to get deals done. 95% of wholesalers are focused on the check and not the client so they aren't solution-oriented and miss the mark every day.

This is because it was poorly converted, improperly done, "patched up" over time, and might have mixed up mechanicals etc.

The part they typically miss, however, is the "control everything, own nothing" aspect.The purpose of a business entity structure is to protect you and your personal property (estate) from the liabilities of your real estate investing business.

The range went missing, and we evicted the tenant due to non-payment.

If you miss that 60 days it really just pushes when the rent can actually change.

They also do not have any notifications, so we risk missing out on leads.