Thanks for your responses.The deal is all cash ( my own) no hard money.Ty Burns sounds interesting the option of see if the tenant wants to purchase, i 'll research into rent to own option.J Scott and Brian Gibbons yes the market is around that price for rentals, i am pretty familiar with the area and also asked my realtor.

why would the gas shut off mid-burn?

Also smoke damage even in parts of the structure that were not burned because smoke got behind the walls and to fix this the sheet rock and plaster needs to be removed down to the studs.

This is a recent change due to the perceived liability increase in student rentals- the high visibility of the couches burning on porches of college towns.

i don't wanna risk the house burning to a pile of rubble.it's supposed to be a hight of 38 this friday & saturday. any suggestions?

The codes concerning water connected to 220V that people climb into are pretty specific.If the tub burns up and/or the house burns down, their insurance and your insurance may not cover the damage if the tub was not properly wired.If you agree, in writing, to allow the tenant to repair or modify the tub and/or the wiring you are effectively putting your own head in the proverbial noose.I work on a lot of tubs at long-term and short-term vacation rentals.

I wanted to burn it to the ground and get out of the business.As far as this lot issue.

here's a contrarian view - run the numbers, sometimes it might make sense to not carry insurance.If you're diversified enough that one property burning down won't really bother you that much and no plan or need to rebuild, then why bother with insurance?

@Edward Burns , Thanks,Once the humidity has stopped shouldn't that go a long way to preventing recurrance?

Seems like there's less risk involved in that....There just seems to be a lot of moving pieces and I don't want to get burned before I even get out the gate...