The insurance company will try to determine what caused the crack ... if it was natural soil expansion/compaction, it's unlikely they'll cover it ... if it was, say, from a plumbing leak, there's a much better chance they'll pay for, at least, a part of it; however, that would then pose a different issue for you - I've seen new policies become very expensive when there are prior water damage claims on the property. 

As for BRRRing out of state being made possible by great relationships with an amazing GC and property manager - these relationships naturally ONLY develop over time (maybe started with turnkey rental and got to know then this way) or are there those GC's and PM's who specifically work with out of state buyers?

If it makes much more fiscal sense to know what your bottom line offer is BEFORE you engage the realtor/wholesaler/contractor.STEP 3 – Incorporate in that State either as an independent LLC/Corp OR as a Subsidiary with local address and phone number.

People love their animals, so instead of treating their furbies as liabilities, I would say "pets welcome on a case by case basis with deposit" or something of that nature.

If you don't have it, then the next natural step is to partner with someone who has.

That will allow you to see what they do, how they do it, and gain favor with them that naturally leads to learning. 

Originally posted by @Steven Picker:@Branden Miles she doesn't own the lot she is renting, find out what the lot rent is and how the price she wants for the home, simpleAs Steve said, the building owner is "renting" the site, but the nature of the lease will be key.  

It will reflect natural willingness to visit. 

It is just me, so a duplex or something of that nature would truly work.

@Einat MenasheThe matrix below may help with terminology and comparison/contrast across the various property types, the information is general in nature and there are of course exceptions:So based on the matrix above, your question:Is it correct that the ARV for small multi-families is based on your NOI and Cap Rate?