This is a big investment and I’d be doing myself a disservice by jumping into real estate investing blind folded or with unrealistic expectations.

I could have bought it and arranged to upgrade the panel on Day 1 after we closed but I didn’t feel good enough about taking the risk on a $280,000 deal in the event there was a problem and I had to try to make a claim prior to the repair.

Who claims she is in contact with private lenders

Basically insurance companies looking to relocate people who had to insurance  claims on their property and need a temporal housing.I’m curiouse to learn more on how to tap into this market and rent my properties to insurance companies .thank  you !

I have reported them to the state of Delaware which is where they claimed to have an office, however, further investigation of the address shows there is no such address.   

We have tight contracts and tons of email correspondence for a claim, if there's even any money left at this point.

Since they notified you of this, you should get it taken care of as your insurance may not cover a claim if there is an accident because it was a known defect.

However, today the tenant claimed that a blind suddenly fell.My question is, do I need to cover the costs for these repairs?

You'll have a deposit and you can file a claim for anything not covered.

.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.