Their pricing seems to be in line with other surplus competitors while offering some significant benefits including the ability to cover properties at different stages of the construction cycle without changing policies, ability to pay monthly and insure multiple LLCs is something not offered by most high risk competitors. 

I know many areas that is considered an arrangement  but I have not been able to find anything specific to how Iowa courts view this.   

Let me share what it looks like from my side.We have to balance making the consumer happy at the preapproval stage, with what you suggest.

If you do make a arrangement for payments I'd make sure you have good portion by the 10th at the latest. 

The last thing you'd want to do is arrange a profit sharing deal where you think you're contributing $50K and end up contributing $75K.

If it's a contractor I trust and a tenant that is reasonable, I might have them arrange a mutually agreeable time, but for the most part I just fit the repair into MY schedule. 

If yes, pay close attention ... again, understand the logic behind the statement rather than blindly believing and trying to follow the recommendation with no understanding of the fundamentals of WHY they are saying what they are saying.A vast majority of comments get filtered out at stage 1 or 2 :) Stage 3 is a good one for a healthy debate.

What grit of paper did you use on each stage of the drum sanding?

Staging.

I am assuming you paid 6% in commissions or 13.2K and 1K to close leaving very little ($467.00)  left for "staging".