I believe the insurance is for issues that are NOT known at the time of sale. well without reading all the exclusions no way to really know.. you excluded something that was known.. this HOA is after the fact and was not known at least the way I read it..

While quality work is not mutually exclusive to adding more features to a property, I have seen a lit of flippers houses that seem to do just that: add a hot tub, but can't seem to mount a toilet securely to the floor, or leave the 20 yr old furnace.

The property is owned by a company that does exclusively section 8 and I have been told their vetting is very thorough.

Your comments make me realize there is a detail I should have included--I am looking exclusively at vacant lots.

Full disclosure I’ve only recently acquired a few properties so I don’t have years of experience I just know that when I was making my decisions on where to invest I did use that site, but not exclusively. 

That way they can take advantage of the $500k personal residence exclusion.

I've worked exclusively with builders on for-sale subdivisions throughout Southern CA for the past ~20 years (thousands of new homes) and cannot think of a single time one of my builder-clients has retraded on price after a third-party inspector toured on behalf of a buyer.

Could also be things like a new laptop if the laptop is used exclusively to conduct business on your rental properties (make the laptop or other assets $2,500 or less to avoid depreciation over multiple years). 

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Brown I don't think rentredi and property manager is mutually exclusive.