.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC...

I am seeing a different insurance issue.  

Hopefully your lawyer also mentioned insurance- title and hazard.A quitclaim deed transfer can hurt your title chain and title insurance. 

Not one member has ever said an LLC saved them when a standard insurance policy.

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

I’m wondering on the process of getting things in order to rehab the house through insurance and put it up for sale.

The plans will probably be developed while the government plans, carries out, or coerces, clean up, and puts liens on the properties being cleaned up. 

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.