Do your bi-laws explicitly outline who owns what and who's insurances start where?

Pretend you are a lender - actually spend $400 and order an appraisal that has current value and professional (non-biased) opinion on after repair value based on the rehab you have outlined.

Ask the lender and they will outline the reserves and vacancy for you. 

UNAUTHORIZED OCCUPANTS: You shall not allow any person to use or occupy the Premises beyond the limits outlined under Paragraph 6 without first obtaining our written consent to such use.

I am calling myself out for not having my vision clear and my goals outlined.

My guess is that is contrary to the goals you outlined as to how you want to grow ur business.

If you haven't already rented it out, probably double check if there's an HOA that there are no ordinances outlining renting is not an issue for this neighborhood as well.  

Here in Texas the title company performs this due diligence very early and sends to the buyer a title commitment that outlines any additional liens.

Emergencies" are inevitable in this business.They are much easier to handle when you already have a written procedure to follow.Check out the process outlines at www.LogicalPM.com:)

I would like to share an article outlining how to become a successful real estate investor.