Thry normally make omenty of money to cover rent.

Absolutely insure it so that you are covered at closing.  

that way if they do mess up floors, paint an awful color, etc i'm covered to fix their mistake? 

I have cash that I've saved but cannot use because I have not kept it in the bank so I am paying off my car with that and then taking a new loan out against to show history of the money and then I am taking a loan against my 401k to cover the rest.  

The problem is that our primary residence is in my name and I don't make enough working part time as a nurse to cover our primary residence mortgage and do a second home mortgage on paper.

The only thing is my regular job as a nurse I don't make enough to cover the cost of our primary residence mortgage and the second home mortage on paper.

I was told that it was not covered because I should have gotten a land survey during my due diligence period and that the policy covers only the land it describes.

Is there any room to add value to justify an increase in rents, or do the recent updates pretty much cover rehab and rents are at the ceiling of FMR?

This property was purchased in 2006 for $60,000, and $49,500 wouldn’t cover it??!!

@Gabe G. do you know anyone a little south of you that would cover this area?