Already helps a lot if you're bringing a deal to the table...

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

most contracts your 5k is your liquidated damages in most contracts. .. so snag that fire the agent and find another buyer if 13k is that important to you.. for sure not worth hiring an attorney for. 

Purchase price: $600,000 Cash invested: $30,000 Purchased single family home, finished basement making the property a duplex.

How are you going to put money down to hold the deal?

Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

For Flips generally you would need to have the Core GC, the HML and most probably a  good investor savvy Realtor  to help out.

What are you doing with the first one? 

Best of luck with your property!

Will bring cash to the table.