Getting back quotes for a Master Policy that just insures the walls and roof with the only common area being one sidewalk - plus General Liability Insurance- that make zero sense.

Sewer lateral and sidewalk repairs ....etcThe list goes on and on and at times I feel overwhelmed at everything I have to do in a short amount of time.

Hi Svend,Sometimes sidewalks can be very thin (not strong).You might want to look at that aspect of it.Good Luck!

https://www.hilinehomes.com/ https://www.adairhomes.com/Just know, there are components of the build that are owner responsibility such as Concrete sidewalks, painting and a few other things.

We found out our sewer lateral pipe under the sidewalk had collapsed, so we got it replaced2.

You don't want your morning latte to be paid out the same checking account that pays for the sidewalks on your new lots.Especially when starting out, it's extremely important to build a large wall between your personal finances and your business finances.

Background info:5 units (efficiency/1BD) MFH with below market rent (~10-15% below market) at a reasonable asking price on market in 10/211st buyer under contract never had legitimate documented tax return income (crooked agent was representing both seller/buyer), so deal was off.Seller and I signed Bill of Sell/Agreement for $315k on 2/10/22 with no mortgage contingency but with inspection contingency to be closed on 3/28/2022Inspections revealed plenty of things needed addressed (roof, gutters) and we agreed on final transaction price of $305k with closing on 4/20/2022 (new BOS addendum, etc)Seller's agent (the crooked one) told me and my agent that the U&O was "clean" in 2/2022, but when the seller herself tried to get township to issue new U&O in 3/2022 in order for house to be sold, turned out the U&O wasn't so clean and required: sidewalks, driveway, some electrical stuff to be done prior to transfer of new owner.In the mean time, the mortgage market skyrocketed and I was fortunate enough to be able to borrow money from family member (at 4% interests at 5yrs) to buy the multi-unit outright with cash at $305k.As recent as mid-April (approaching our revised closing on 4/20/22) the seller was in direct communications with my agent (her initiating the contacts since 2/2022) and updated him that she was trying to get contractors to do all the required U&O work done (we know how hard it is to get good help now). 

I have to do about $20k in work to the house, ($7.5k in sidewalks!)

Cash buyers as-is where-is no contingencies etc etc per contract Yet attorney says open violations and a sidewalk lien must all be inspected and removed before close.So how come so many buildings are routinely sold with violations for way below MV anyways if city supposedly blocks the sale til seller brings up to code/marketvalue?! 

Are there roofs, porches, mechanicals, sidewalks, siding, parking lots, or other common areas that need a facelift?