Where the property owner is not involved in the renovation or construction it could be handled one way (premises liability policy). 

By doing a refi for a larger amount than I currently have but still keeping 20% in the home, I realize that I need to time this with the next property.

It can be difficult, not impossible, to do the acquisition, renovation, and leasing if you have a full time job.

First thing to establish is what the project will include:- buy and rent out- buy and renovate then keep- renovate & flipEach of those Scenario's could mean different policies needed. 

When I wanted larger projects and larger apartments.

I am thinking that focusing on single family homes might be best for me since I am looking to buy properties in the $100k range and add around $50k of renovations. 

What are renovated comps selling for now?

Here are the details:Asking Price: $181,000Our offer: $170,000Estimated Repairs: $30,000ARV: 275,000We have enough cash for the down payment but not enough for the entire home or the renovations. 

I was in the exact same boat about 1.5 years ago Justin.The properties that I buy are Very inexpensive, so this strategy wouldn’t be as effective on properties sat over 100k...Basically, my first 2 deals were home runs, meaning after the renovations we more than doubled our inItIal Imveatment.Purcjase prIce on house 1 was 24k, +6k In remIbatIons whIch I funded wIth cash. we refIed that one for 70k whIch resulted In mt InItIal onbeatment comong back plus an extra 30k or so.

If you are open to working with a remote accountant, you open yourself up to being to work with a larger pool of accountants.