What that company did point out was that the coverage would only replace the permitted units but the basement would be unfinished. 

Figure out if you're replacing income from your current W2 job or building an empire for retirement 2 decades from now.4) How many hours per week/month/year am I able and willing to spend on this endeavor? 

They are selling their property and will replace that property with another piece of investment property using a certain process. 

Sell the property and replace it. 

For example we have one flipper that likes 3 bed 1 bath cape style houses where the roof needs to be replaced.

Everything was replaced in 2013 after fire damage so no known repairs outside of accidents or "acts of god".Great long term tenant has paid $600 since 2014 no real reason to raise, it's about avg for the area.61k would be a top dollar figure as it still falls within numbers I was seeing with cash buyers in the area at the moment.

Two of the four panels are crinkled and dented in several areas.The replacement is about $1,100.

furnished the property, fixed plumbing internals, fixed roof, and replaced boiler.

If permit is needed and I do it without the permit, will I be fined if the township finds out that I had replaced it without applying for one?

I will say I had one guest damage a window (broke the locking bar) and AirBNB paid up the replacement for a new window with little fanfare.Other than that, I haven't had any kind of issues that would require use of their coverage.