I used to provide detailed answers to DMs, which are private and help only the requester.

Withoutknowing the details I can not suggest which would be right to add on.Several you should pay attention to are:- Ordinance & Law: Provides additional building coverage to deal with rebuilding costIncreases due to changes in Zoning or Building laws- Personal Injury Liability: Libel, defamation of character, wrongful imprisonment, etc.

Feel free to reach out if you want more details!

It seems as though you might get some of your money back on the refinance so I would estimate how much you'll have "left in the deal" after refinance.

Airdna will give you a good estimate of the demand for the area.

If I've left out any important needed details please let me know.

We can buy the house for maybe 125k and he estimates 120k in renovations.

See if they will give you an estimate of the assessment for the property.

Honestly, I think you're estimated expenses are a bit low.

For on the ground evaluations, I rely on local contacts: agents, contractors, or even property inspectors to provide walkthrough videos and detailed feedback.