Good afternoon everyone, been a member for over a year now and got started in Real Estate because of Biggerpockets, this is my first post. 

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

I got the terms mixed with open mortgage (no penalty to pay off early, but higher interest rates) and closed (more typical mortgage with lower rates, but the penalties to pay off the mortgage)...that'll teach me not to post too early in the morning :)

Based on your post it kind of sounds like you want a beach/lake house but like the idea of it making money too.

Can someone please inform me?

I appreciate all of the detail but what information was provided to the agent that wrote the policy?  

Post construction appraisals for this model are coming back at $377k.

Quote from @Daniel Reed: Hi everyone, this is my first post!

Originally posted by @Vaughn J Smith:Dan, thank you for that.

My contact information is available to discuss matters privately.