I do have additional coverage for the sewer since I knew it may have issues before I bought the property. 

Hey Anthony, yeah just some additional details. 

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto. 

Additionally, the contract with the wholesaler is set to expire on Monday the 27th.

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

I know this is a very old thread but if anyone comes across it I wanted to add some additional thoughts that might be helpful.

Value add opportunities are over-shadowed by massive amounts of new construction. 

I would agree, on 8% being the norm, with several lenders falling in the 7's on occasion.

My name is Dean and i'm a 22 year old with massive Real Estate dreams.