This client was transferred to me by another PM in our company because her portfolio is maxed out and she doesn't have capacity to take on more properties.This client had been self-managing a short-term SFR for the past several years and recently converted it to LTR.

I will be start out on my real estate journey soon by working for a company and sourcing deals for them.

They are a reputable company. 

Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.  

Some manufacturered companies treat it as personal property not real property.

Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment

I am having trouble following you can always send the money to an insurance company. 

What do you do with the profits from the company to avoid income taxes.

Where do you expect to receive the money to buy out your "partners" in these companies as you drive returns into the ground? 

I would reach out to the Property Management Company because their portfolio of properties includes the investors that own the properties.