Ownership of the Property:**The ownership transfer will be outlined in the contract.

Below is a rough outline for both a buy/hold and flipping business.

If they need to approve the grass (or have a list of approved grasses), that should be outlined in the HOA documents. 

Given that you've already provided the tenant with accommodation during repairs and even offered a rent-free month, it's reasonable to expect them to rely on their renters insurance for personal belongings damaged in the flood, as outlined in your lease agreement.

It all depends if you have a lease in place that outlines it on the lease agreement.

This is really great outline, thank you for posting!

., it has been a while since I was working full time in the retail world, but what Michael outlined was typical when I was in the space.The only reason I could see having to pay anything during your buildout would be if this is a high demand space.  

Your net operating income is positive, from what you outline, since capital improvements are not commonly an income statement item.  

There are a few qualifications that investors need to be aware of before they decide if this investment choice is right for them.Investor QualificationsDepending on the qualifications that fund management outlines, real estate funds may require that you have a net worth of at least $250,000 and that you contribute an initial minimum investment, which can range from $5,000 to hundreds of thousands of dollars, depending on the size and type of fund you're investing in.

I am looking for someone who can provide an expert assessment of the property's condition, outline the necessary repairs and upgrades, and offer reliable estimates for the rehabilitation costs.Any guidance or referrals you can provide would be immensely appreciated.