My partner was messaging back-and-forth with Ryan, he said to put in the LOI and gave us the price to put it in at.

Even if you want to roll the dice, at least is a calculated risk, not a surprise down the road. 

Are you looking to just put the money to work or looking to be personally involved in getting, rehabbing, and dispo of deals?

Put your “money where your mouth is”.

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

She'd probably be able to put you on the line as a co-borrower.I've done this personally and it's been great for me and my situation!

I wasn't really sure how it would pop up, but don't see a reason to risk things and complicate my cash-out.

Everything comes with a risk but I want to hear everyone's opinions for both states in the long run, thanks in advance It really depends on your style and goals and type of investing.I invest in multiple states and there can be some substantial differences.First decide if you want to do Flips, Long Term Rentals, Short Term Rentals, Shared Housing, Multi Family, Land, Tax Deeds, REITs, Syndication, Commercial and then decide. 

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

That is a mouthful, but again, a patient investor with the right risk profile, can be successful in Huntsville.