When doing rehabs, I am very diligent about never leaving tools behind overnight because of theft.

I would focus on: honesty, (make sure no identity theft) source of income and timely payments of obligation ie credit report .

Each of the different types of insurance you mentioned above (liability, builder's risk, umbrella, etc) will insure against different things and will kick in based on different requirements.Specifically, builder's risk is to cover damage to the building, theft, vandalism, etc. -- it won't protect against liability claims in most cases.

Let's say there are more or less two identical homes, and the tenant is already renting in the first home.

That's real cash.That said, condos can be the easiest property type to comp because many of the units are identical.

On a DYI house, you will also incur carrying costs during the rehab and leaseup stage, for insurance (steep on vacant property), taxes, and utilities, and bear the added risk of theft on a vacant house.

Marriage is definitely a team sport, but each player has to realize they do not have to play in an identical way to be a good team.Having a good deal happen can help.

Power company cut the power at the pole for non-payment/theft of power.

There are quite a few members on here from the Ft Wayne area that are great at offering advice should you need it.

Sometimes identical floor plans have very different square foot ages because one is counting the basement or something.Does anyone have suggestions for how to account for this issue in your comps?