The sad reality is that you'll only get a low offer past a listing agent if they take it seriously, which they will once you massage them and get their guard down.

Building Coverage – this mitigates and restores the building from covered losses and this coverage is required by lenders to secure loans.Building Coverage – i.e. fire, wind, water, vehicle impacts and other elements of structural damage.Loss of Rents/ Business Income Coverage – pays for loss of rental income when a building that is rented to others is damaged by a covered loss.

You want to be able to create the value by restoring the home to at or near its ARV.I'm under contract on a BRRRR (on hiatus due to corona) where the purchase price is about 35% of ARV.

Originally posted by @Brandon Olsen:Hi Brandon,Here is a Railroad Depot restoration that was completed in Michigan (just across the water from Ontario).It's in a friendly touristy town of 33,000, that hosts events such as square rigged tall ships, sport fishing, and etc...

I also brought up that the Covid-19 pandemic would likely mean no rentals to older folks for the rest of this year, and I'm sure would still affect their willingness to travel into next year.From your experiences, is an area such as this better for a tourist rental where it may only be rented during the busy season and slow for the rest or would he be better of buying a property with the intent of finding a tenant for a longer term?

then your honor will be restored, sir

General Handymen/Floor InstallersJeremy Cannon  Lightning Ridge Construction Ltd.Ralf LuthinCornerStone Restorations LtdI will email you contact info. 

It might be in your best interest to acquire a bridge loan, stabilize the building, and then refinance once market liquidity has been restored and money is flowing the way it is supposed to. 

LOL  That's not new.In this low savings return environment,  it's a great time to hone, massage and expand our private lender network. 

There are some things you can do to massage the structure like have a large loan premium which is paid at refi or sale of asset