In 99.99% of cases, a seller won't take $70K on a $114K listing unless it's (a) seriously overpriced to market comps (b) there's something seriously deficient discovered (foundation issues).

There are a variety of ways to build in poor soils, structural slabs, deep foundation (e.g., caisson/piers), etc..  

To top it off ot took over 6 weeks to get two hvac bids on a house and over 4 weeks to get a foundation bid.

I quickly realized that, if played correctly, the real estate platform could provide a solid foundation of wealth for many generations to come, while simultaneously producing cash flow today and allowing me to retire early.

If you do pursue more insurance I suggest you read the fine print--don't buy just because it is the cheapest and make sure your agent has experience with investors who are not only your size currently, but also familiarity with investors who have scaled to higher heights because if you plan to grow, you need a proper foundation now or else growth will be costly and time-consuming later. as @Juan Carlos Quiroz Zolezzi says "all insurance policies are created equal" and neither are insurance agents...Feel free to reach out with any other questions.

It fixes a bad deal, a leaking roof and foundation repairs you did not really account for, it fixes bad tenants and it allows you to out-spend your competition in a compatitive market instead of outsmarting them.

Keep in mind with two separate structures, there is more "hair" and R&M than a standard triple decker - ie two roofs, foundations, waste lines, etc.

Marketing for distressed properties and sellers is the foundation to REI.

The sill plate that sits on top of foundation needs to be replaced.

pretty sure the 10k is for foundation problems but it could be less than that, the house will still need some touch ups after that but nothing major