If you are flipping as a rehabber you will pay more taxes regardless if your company is structured as an LLC S-Corp, C-Corp etc or Ptrshp because you are flipping and considered a speculator not an investor per government policy.

What is your pet policy?

I live at the lake, and no doubt lack of water effects property values here, but city policies also depress values.

As always, maintain your fire insurance policy.

State law sets policy premiums.

I believe that my efforts in selling this property without doing any repairs aside from pulling carpets and demoing a bathroom will be aimed at them.

And as @Arjun K. said, if you're paying 15% for a credit card, any return you have it eaten up by your personal income.But here is what you CAN do: shift your price point to more affordable investment properties (I do under 30k), switch to credit unions vs banks for their looser underwriting policies for different loan products, but make sure you are paying down your debt each and every month while you're exploring these other opportunities.

So were these actually covered in the past and the policy changed?

If my global is good enough they let a negligible property slide through, but they have policy levels for both.

@Karen S.Always require renters insurance, it's around $10/month for a $100k liability policy for the tenant through a company like First American Property and Casualty.