We ran across our current solution completely by accident... someone was using a heavy-duty remover solution in a sprayer on a concrete floor that had glue-down laminate flooring to remove the glue, then filled the sprayer up without rinsing it out and went to work on the wallpaper.Lo and behold, the same ridiculously toxic remover that worked on the floor glue worked really well on the wallpaper glue.

If you don't want to do that but feel you have a reserve to cover unexpected expenses you can always dollar cost average your monthly income in stocks. 

Carefully assess the scope of work, obtain multiple quotes from contractors, and factor in potential unexpected expenses that may arise during the renovation process.Remember to consult with professionals such as lenders, real estate attorneys, and contractors who have experience in the North Augusta, SC area to guide you through the specific regulations and requirements.Wishing you success with your investment property venture, and I hope these insights help you navigate the process more effectively.

Here is what I have so far:At any time before, during, after investment:I or any of my team unexpectedly dies, becomes seriously ill, or injuredAn impassable disagreement occurs between any 2 parties of the investment teamA member of the investment team fails(for any reason) to uphold their agreementBefore purchase:Incorrect property valuationInability to secure financing after earnestDuring Financing and purchase:Loan executor fails to follow through with the loan.Loan executor misleads or baits me with incorrect terms and conditionsSeller withdraws contractSeller tries to renegotiate contractSeller withdraws agreement to carry loanTitle issuesDuring rehabilitation:Cost overrun - If the cost to complete a rehab exceeds the estimated cost budgeted.Time overrun - If the allotted time to complete a rehab is exceededUnforseen issues - if issues arise due to unknown/hidden problems, termite damage, mold, etcProblematic Contractors - Contractors that want to increase the bid midway through the job, fail to pay their employees, don’t show up when scheduled, fail to consistently clean, low or no skill, do poor work, fail to carry proper insurance, do not use agreed upon materials and/or finishes, use the “you can’t see it from my house” methodology, dress and/or act not in accordance with accepted job site standards, live or sleep at the job site, steal materials, supplies, and/or tools, attempt to undermine my relationship with my real estate team including agents, investors, other contractors, clients or potential clients, places lien or sues, dies or is seriously injured during project, experiences major life event that prevents or hinders their ability to continue, contractor or their employee dies or is seriously injured on the property, gets OSHA or other governing body violation(s)Code Violations - Red flagged for failing to obtain proper building and/or work permits prior to beginning project, overgrown vegetation, etcProblems Specific to Rental Properties:Tenant does not pay rent or pays lateTenant does not pay utilities/trash serviceTenant causes damage to propertyTenant does not take care of maintenance and/or cleaning of propertyTenant smokes or has pets when these things are not allowedTenant makes unauthorized changes to the property, ie painting walls, removing landscaping.Tenant allows others to move in without adding them to the leaseTenant misused the property, ie drug lab, melting plastic in the oven, spray paint graffiti on shed, parks in unauthorized zones such as the grassSomeone injures themself while on propertyHouse fire, floods, other natural disasterMajor maintenance issues such as roof replacement, appliance malfunction, plumbing leak, etcTenant violates city code, ie noise ordinances, trash and debris in yard, etcUnavoidable costs such as normal wear and tear include failing appliances, scratched/scuffed wood floors, dirty paint, worn carpet, etc.After rehab:Property does not appraise and/or sell/rent for expected ARVInterest rates go higher than expectedProperty tax increaseStricter laws are put in place that prevent finance/refinanceThis is all that I could come up with.

I dont want to overlook a VRBO guest on accident

My step mother never has to drive anywhere in bad weather so she has no idea what a nightmare it is to ride on one of the Indian  turnpikes in a down poor and there are 27 hydroplaning accidents in an hour on average) so instead I am just going to steadily level up on Amazon Sales, get my used car dealers license, and keep flipping land like I do and the best I can hope for it sot become a snow bird until things change for my step mother (On a side note... my sister told me that my step mother thinks she is in early stages of either dementia or alzheimer's, and according to my sister the reason why my step mother keeps telling me crazy things about why I need to move to Florida is because she doesn't want me to remember her with one of those afflictions, she wants me to remember her as she is now and just hear about how bad she has become.

It's not unusual to have some "accidents" and the smell was barely noticeable.

However, insurance is limited because it only protects you from one type of liability: accidents/negligence.

We had a flip that turned into a brrrr on accident once.

Wow, that was unexpected.