Or do you plan on giving them the $1,500?  

Unfortunately I had a bad inspector who missed a lot which made it about a $60K renovation instead of what I planned for which was $15K.

You have to ask yourself what the end goal and how many of these do you plan on doing to reach that goal.

We plan to keep this property long-term as part of our portfolio and look for additional investing opportunities in the future.

I’ve heard some investors negotiate with their providers for extended coverage or switch to a landlord or vacant property insurance plan until the spec sells. 

@Jake Baker Man, what a tough situation.It’s a real reminder that even with solid plans, even with checking out our numbers a thousand times sometimes completely unexpected disasters can hit hard and mess everything up.

However, keep in mind that tying your primary home to an investment carries inherent risks, especially if the flip doesn't go as planned.

We are planning to rent one of the apartments as MTR.

I was planning on building the home in the traditional stick built style in my budget but am wondering if doing prefab may save some money/have other benefits.

Do I give up access to transportation, restaurants, cultural activities, doctors, emergency medical care, religious and business activities, vet care and maybe more, to live in the country on my ranch or on the beach in a beautiful country, or do I keep access to all those things and live in the city?