I guess I'm mostly just concerned about getting the deductible back and potentially any other 'hidden' costs that may come about that insurance may not end up covering, etc. 

Lucas Carl I make sure that all guests have to read every detail because I instruct them to.

Taking your general contractor to the property is a must but getting a paid independent inspector is one of the best investments that you can make before you pull the trigger and purchase a property with hidden surprises that will empty your wallet.3) Budget ObsessionsThe third most important tip for successful flipping comes from the art of budgeting.

It's a hidden tax on us.

if so, instruct the tenants in 60 days (or whatever warning you give them) they will need to set up their own water accounts with Mesa.

The sewage from the bathroom in the basement level basically just goes into a bucket with pipes which is hidden under the stairwell that leads to the basement, no pump to push the water and goodies out!

Account ClosedFirst off...an agent can never be accused of practicing law if they are instructed to include verbiage by their client You brought up intermediary.  

I have people instructing their kids to sell their rentals to us when they pass away.

Went to grad school to get masters in curriculum and instruction.

Then include instructions on how they can send a letter to request more information.I manage hundreds of rentals and none of my denials have come back asking for more information on why they were denied.