If the intent is to self manage and believe partnering where resources can be shared, that's a different story and have seen it done in ways that added efficiencies that wouldn't exist without pooling portfolios.

This is a great place to learn and to connect with people so take advantage of all the great resources.

It sounds like what you're describing is a landlord policy as opposed to builder's risk or vacant dwelling policy: https://www.allstate.com/resources/landlord-insurance/what-i...

If that's a market you end up looking at I'm happy to share some resources.

Though it might be naive, I was thinking of a buy and renovate project that would cost between 150k and 200K.Any recommendations and/or resources towards this goal would be greatly appreciated.

Resources like books, online courses, and seminars can be incredibly helpful.

Hi Gary, Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

However, when you sell the individual condo units, capital gains tax will be triggered on the gains attributable to those sales.Allocation of Basis: The original purchase price and any improvements made should be allocated among the individual condo units to determine the basis for each unit.Gains Calculation: When selling a unit, the gain is calculated based on the difference between the allocated basis and the sale price of that unit.Partial 1031 Exchange: You may be able to use another 1031 exchange to defer gains on the sale of individual units if you reinvest the proceeds into other like-kind properties.

Hi Daniel, Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

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