I've got you covered in New York City!

We have 2 deals that we are planning on closing in the next week, but our HML is only covering 80% of the purchase price on both properties.

Not an insurance agent but i believe the difference is, the Vacant policy covers the existing structure plus improvements as they are done. the builders risk insures the material and i believe aspects of the project as it is built, since there is no structure. so if you happen to take a builders risk and you are doing reno, it may not cover you for the existing structure .

(Not by using Google maps because they can easily be outdated pictures) There should be some.

It also tracks your expenses and income, either by snapping a picture of a receipt or by linking your bank information/credit cards and importing the data.

House hacking seems particularly useful for FHA-approved LOW DEPOSIT owner-occupied loans, because you can buy up to a four-plex, aimed to 100%+ cover your mortgage repayments!

Thank you for your input, I have started researching this issue to make sure I can cover my bases.

The price is $10 and that's simply to cover the cost of the room we rent out.https://www.meetup.com/Toronto-Annex-Real-Estate-Investors/ 

When I do short sales, I get pictures of every single little problem I find regarding the property; get a licensed contractor to give you a detailed cost estimate to remedy it.

The home needs a lot of work ( I have pictures) and is asking $189k.