The developer insures almost everything for 5, 10, and 15 years (Appliances, roof, plumbing.....)Since it all brand new, the chances of something breaking, needing repairs, fixes....are slim.

Of course, some complaints will be justified, others not, but if they readily share complaints about where they currently live, they'll likely find similar issues at your property, and might not be worth the headache.We then have them fill out a standard application.

Focusing on getting rock solid insurance may be a better first step.  

'I am agonizing over finding qualified and unbiased counsel on planning'well, it's not going to be on a podcast =)i took a break from W2 world and one of my biggest struggles was health insurance. 

Once upon a time the standard commissions for both sides was 6%, that has since dropped in many areas to 5-5.5% This is to be expected as the technological improvements and the information available to buyers and investors is more accessible and in theory the quantity of work demanded to identify a buyer a suitable property is lower. 

These deals require 30k - 45k in liquidity through their lifecycles between down payment, closing costs, insurance costs, holding costs and then fronting the contractor his start money (that you get back when the rehab is done). 

Hello all,I've been researching private money lending and I have a few questions for experienced private lenders:1) Are you requiring title insurance, and fire and liability insurance?

FHA is still an option but you have to refi out of it to get rid of mortgage insurance. 

Coastline properties tend to be less desirable due to flood plain, lots of severe storms, and high property insurance costs.

Insurance protects us against losses we can't sustain by ourselves.