And not being able to issue the deposit refund via Avail was the final straw for me.

With your construction background, you're already in a strong position to add value to properties through renovations or identifying potential issues.

The timing does suck because this issue came out of nowhere at the end of their lease.

I tend to agree and don't think it will be an issue.

Fortegra is non-admitted in California and that's likely causing the issue.

They have addressed the issue of depreciation of components, but not the actual methodology of the study.

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

Investors obviously want their properties rented with no issues but they also want to be in the know and have a good line of communication when things come up.

issued guidance saying that you can use LLCs if you get approved to do so.