Was more hassle to get them restored.

To some degree they understand the financial impact and crisis due covid-19 and the aftermath which will take many months to not only restore general public confidence before a vaccine is readily available, but mostly when the economy will ready for an upswing cycle.

We completely redid the rental side, new kitchen, alliances, bathroom, painted, restored the original hardwood floors until we ran out of money.

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.

Flipping SFH:- PROS:o   Higher potential velocity to financial freedom because of larger profits on each transaction.o   No landlord/tenant issues.o   I have a tiny bit of experience renovating and restoring houses I have owned, and I enjoy it for the most part.- CONS:o   Not really “investing” because you don’t hold any asset. o   Not passive at all.o   Speed is of the essence and I am not sure how quickly I can move while working full time.o   Transactional and more vulnerable to market swings. 

I want to start small in a place we can live in while we restore the single family home for about a year.

My specialty is flipping fire-damaged properties and I own a fire damage restoration company.

For example, if there are original hardwoods, try to restore and re-stain those.  

I flip fire-damaged properties and own a fire damage restoration company.

Quality work will go a long way.To give an example, an investor I know just bought a house that needed a layout restructure (basically redoing the layout of the house to make it more functional and attractive), installing central HVAC, building out a washer/dryer room, plumbing (new bathroom and kitchen location | rough in + top out), full electrical rewire (after full demo to studs), new sheetrock, paint, flooring, kitchen/bath finish out, and exterior restoration.