This is why there are policies that are created with vacancy clauses or policies like builders risk policy which cover a house that is under construction.  

The short-term rental is a bit more work, but it covers a lot of their expenses. 

When you want to buy another property, your income must be sufficient to cover both mortgage payments (the new property mortgage + the higher balance on your cashout refi mortgage).

You also need to make sure your insurance accurately covers the situation you decide.

These advantages include cash AS-IS offers, no requirement for repairs, flexible closings, zero realtor commission, cover probate fees, advance payments before the COE, post-occupancy agreements, no closing costs, and no formal showings or appraisals.Having previously flipped houses, I know how important is a good wholesaler to a flip and flip company.

Just have good insurance and maybe an umbrella to cover it all.Keep up on maintenance.

@Mica Moore the first thing that popped into my head was, "how many cleaners are covered by the $100/hour"?

They definitely convince you that you need to but then other advice and attorney say that ultimately it can be found and pierced.Is there a policy specific to cover you from Lawsuits?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

I looked into multiple scenarios, but the one that seemed most interesting was to size the roof panels large enough to cover the load of an entire 2 family.