It is in North Park, developing fairly quickly but nothing I would call 'luxury'.

So my insurance broker says he cannot be added.My attorney advises I should maintain the previous insurance plus setup a new one under the LLC in FL who is the beneficiary of the Trust and then to add the Trust as additionally insured.But i would like to avoid double paying for insurance.Will you guys please advise on how to go about doing this?

Maintain the seller’s existing insurance.2.

But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow. 

The way it was explained to me is that I am responsible for maintaining the roof, exterior walls, concrete floor, parking lot, landscaping, etc.

I’m saying I’m nervous that the appraisal won’t go all the way too current fair market value.

I do think this is a great way to get started with a fairly small amount of capital assuming you make enough to obtain the loans.

To thrive in real estate investing, you must maintain a firm grip on your finances.

@Larry Nielsen We’ve found a great way to raise rent is:Determine market rentShare the proof with the tenant (they can see it on Zillow anyways)Tell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

I generally avoid wholesalers because my experience has been that they are unwilling to use a standard purchase agreement that is fair to both the buyer and seller and they do 'shady' stuff.