I can give you some general info on insuring the property:Here are some things to look for from an Insurance prospective: Any in-ground tanks (active or inactive)Any Knob & Tube or Aluminum WiringIf built before 1978, does the building have Lead Safe certificationsAny wood stoves or secondary heating units.

So even the list side on the average flip in your area will save you well over 10k and that could be 20 to 50% of the profit.. then you never know when a friend wants to list a house with you.. listings are money in the bank and you never know when your career could change and you could be a uber great agent.. my wife sold over 15 million last year... so anyway that's the pro's   ... personally I don't use my licenses but I keep them active in CA and OR and inactive in MS.. for me its all about credentials. 

Now that I am done I am stuck on going inactive or active.

People learn a lot about their level of interest in active investing once they try it. 

But I don't think that's what this service is.I met up with Amy a few months later at a conference and she showed me the product in action and from what I saw it appeared to be everything she set out for it to be. 

With this deal, my wife finally got to see this concept, and ME, in action and she is much more sold on doing more!

Your inaction doesn't translate into a breach or liability on the seller's part.

Finding it ridiculous and the inaction is strange. 

Austin,A couple of things from an Insurance perspective:As a 5 unit, it is not eligible for a Dwelling Fire Policy in most companies (they go up to 4 units) so you will need a commercial policy (could be a Package policy or BOP policy).Here are some things to look for from an Insurance prospective: Any in-ground tanks (active or inactive)Any Knob & Tube or Aluminum Wiring (even if the service panel is new check for the in wall wiring)If built before 1978, does the building have Lead Safe certificationsAny wood stoves or secondary heating units.

I posted the following to someone who was just starting as a property owner and some of it may be helpful with your research:Here are some things to look for from an Insurance prospective: Any in-ground tanks (active or inactive)Any Knob & Tube or Aluminum WiringIf built before 1978, does the building have Lead Safe certificationsAny wood stoves or secondary heating units.