For those with coverage, whether an occurance of it is covered would be based on how it occured and did/should you have knowledge about the potential for mold.

In that case you should get an attorney involved as encroachment would be a material issue that if known should have been disclosed both to the broker and to any potential buyer.  

Would like to be in a city where I could get potentially $1,500 to 2k in rent.

It has a strong potential for cash flow.

You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.

The potential liability from having someone do a job they are not licensed to do far outweighs the cost-benefit.

Partner Driven saw a fantastic opportunity to leverage the property’s market-ready condition, allowing for a swift and profitable transaction with minimal investment or risk.

And/or are you willing to take the risk of being sued by the seller for not performing on a legal contract (and losing your earnest money)?

We stopped using it because we realized we had missed out on opportunities where neighborhoods were on the verge of gentrification or there was an opportunity to invest in a project with potentially great returns and no change in the demographics.

A quick fix now can save you from potential negative feedback later on.I'd be happy to discuss more ideas!