I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.Is this something that is just "known" to flippers/renovators and I am just coming across it?

While this insight is valuable, it’s important to remember that thorough analysis is always crucial before making any final decisions. 

Chris, I can't seem to share a document on here to send you one of mine, but you can copy/paste the following template into a Word Document and create your own.

This will clarify and reinforce what you are reading.

Here is how we usually handle situations like this: if a tenant communicates with us, we usually try to work something out with the tenant. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

I think other people seeing makes me feel accountable to post along with having it written out.

PSA : Don't hire TRUEBOOKS they will cash your check and leave you high and dry. 

There are aggressive lenders out there with lower fees for experienced flippers.  

At least it's out in the open now.