I use to tear down dozens of homes here and in Franklinton that almost blew over. not a lot in linden since they are built after 1945 and without all the major issues. 

Did you keep some coverage in case of major lawsuits? 

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings. 

Fail to produce K-1s in time for LP tax returns to completed on time, refuse to communicate with LPs, when LPs start to express frustration.Cheryl Cheryl, I'm sorry to hear this.Many investors learn expensive lessons with their early investments.Knowing nothing about this deal (because I didn't invest) I can already tell you the 24% projected return was a major red flag (in my opinion).

Your HOA also will have to unless they are organized as a 501c3 which most are not.

Philly, like a lot of major US cities, is very block by block.

I want to ensure I’m doing this the right way while keeping my finances organized and compliant with any regulations.

And I much prefer a group where the members are also getting rich (not just the organizer).I am not paid by Brad!

Tell him you'll give him a call :) This is one of the reasons why we tell tenants they need to vacate the property for any major repairs.  

You sound very organized for a first-time flipper so it looks like finding that mentor is paying off.