I am worried that  it will cost alot. the concrete floor is already ripped up.

So, my suggestion would be to get into a position where you can handle the cost of maintenance without the warranty and save yourself the extra money that you're paying. 

Typically, distressed properties literally sell for Market Price - Expected Rehab Costs, so any equity gained is mostly sweat equity.

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All of their college costs are saved for. 

It costs a lot of money to have people fact check this spreadsheet.

Because of the increased rent from having 3/2 vs 3/1 of $800 per month with added rehab cost of $25k, my break even is 2.6 years.

I've had to chaop down a massive oak that cost me about 5K to remove but other than that, not too much.

We paid to have someone cut and paste our information into online credit card applications (they applied for 10 cards in total), and then to have instructions on how to liquidate our funds emailed to us.

What does it cost, 0.5%?