In addition I am giving him freedom to explore (to a certain extent) on my dime.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

You can prevent this by requiring them to add you as "additional interest" on their policy.

If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.

How do you finance the tear down do you add it to construction?

I do have additional coverage for the sewer since I knew it may have issues before I bought the property. 

Ok it might not be 1:1 but it will add additional revenue.

Very interested in the Cleveland/Ohio market in addition to a few other cross-border cities closer to Toronto.