Although I have to say I agree about getting the license .. but I understand the wild west of wholesaling so many simply wont do it and these transactions to continue will rely on Someone Like Tom and company like us to facilitate these legally.

There is a lady in another topic asking how can you understand the numbers for a flip and how much stuff will cost.

I checked online and I did not find any standards/rules.The lady in the unit 2 facing the construction is working in the office most of the week and she pays a rent of $ 2750 per month;  we agree for a $ 300 rebate when we signed the lease few months ago.

This was especially wild, considering the defects we found presumably should not have passed a city permit inspection; however they had. 

The lady I spoke to , Janice V.

Would you pay $3m for a property today, with horrible numbers, if "Johnny-Time-Traveler" stopped by and showed you inflation would run wild and dollar basically halve in next years, effecting a "inflation 2x" to asset prices? 

Assuming the neighborhood doesn't change substantially and still warrants a 15.6 GRM on its buildings, you should be able to sell the property for $2.5M ($13,4000/month x 12 months x 15.6 GRM).So if you bought at $1.5M, spend $900K on the renovation and ADU build, then sell for $2.5M, you haven't really earned that much for your efforts.So, yeah, these improvements don't seem worthwhile at the prices you've been quoted, but again, your quotes seem wildly high.

In for a wild ride.

I know Florida property insurance is wild right, but has anyone found more success with particular insurers over others?

It has been 35 days now and she still hasn't moved and we are kind of freaking out as time is money and the lady is not very responsive to our calls and text messages.