That covered pretty much everything! 

Purchase price: $160,000 Cash invested: $12,500Singe family house-hack renting two bedrooms in a 4-bed, 3 bath, 2-car garage home.What made you interested in investing in this type of deal?

Are the renters or the landlord expected to cover rent during the evacuation?

I’d suggest exploring a bridge loan that covers a portion of the purchase price along with 100% of the renovation costs.

I THINK you could probably just expense your deductible if insurance didn’t cover 100%.

@Michael Lynch Hi Michael, I am in the exact same situation as you were with a grant on my home in 2nd position that covered downpayment and closing costs, 20% being forgiven every year.I'm curious about what you ended up doing or if you found a solution.

Any recommendations for Umbrella insurance providers for each partner to cover any liability?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

But, it covers enough of the basics.Again, believe what you will.

Home warranties can sometimes cover rental properties, but it really depends on the specific terms of the warranty and the provider.