Look into FHA 203(k) loans for repairs and down payment assistance programs in your area.

.- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

Not sure how their program works but I've seen this personally a dozen times with the key part the insured not being aware...

I wonder how long Aircover will last and continues its amazing program. 

My question is that due to numerous unfortunate circumstances, two properties that my partner and I purchased (through a program) were underscoped, and we cannot move forward financially.

Does anyone have any experience with a good program and can recommend one?

Lastly and before you think I am going to sell you a training program that cost thousands of dollars.  

However, I saw enough that I believe that the information available is so imperfect and subject to interpretation that large losses would be an inevitable part of the program, as well as large gains.  

Randi, the program is definitely worth the time, effort and money spent.

Similar for bathrooms if virtually all are multi bathroom but you find a single bathroom, making it multi bathroom via new construction could be a value add.There are more sophisticated value adds such as add multiple adus via bonus density program.