It allows you to borrow against the equity you’ve built up.

If the house was built on a slope then you’ll need a French drain installed on the high side to take the water away from the foundation and around the house.  

Same things with the banks, they do not have to disclose all compensation on a loan as they have their compensation built into the pricing (interest rate). 

I get builders risk policies for all my new builds and at least in the markets I built in Charleston SC  and Portland Oregon have never seen the fence and security and like you I would have trusted my broker to mention something like that.. fence and 24 hour security is just not something you do on ONE SFR rehab.. unless its a known high crime area like South side of chicago and now inner city Portland you really need the fencing etc other wise the homeless and druggies will walk off with everything.. when did a bunch of rehab loans in South Jackson MS same thing theft was off the charts and we had houses burn down .. but the dollars were much smaller.I know I have gotten larger policies for my bigger developments and I did pay my lawyer to go through them line by line and at the end of the day they really cant say what is or is not covered.Also you simply would not think of anything in Colusa county as being high crime .

During that time, I built up a portfolio of 250 doors with a business partner.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

"As you are aware, high humidity can cause rapid mold growth and wood rot.

I remodeled and added a bedroom to the original house, and then built the second house after.  

House is VERY old but well built. 

Was a very hard decision as it was a historic home that I really wanted to AIRBNB as it was one of the first atomic shelters built in the US - but love doesn't = money/good business.