When a slowdown occurs (sooner or later) will you be able to weather the storm if you have a vacancy? 

But as you are realizing, vacancies, repairs and particularly large capex items which are unavoidable at some point will eat that “phantom” cash flow you thought you had.I own tracked heavy equipment, and every few years you’ve got a $25k track replacement bill.....you've got to calculate those in “as you go”, before they occur.

As an example, I just found out that there are a few plants around where I live that are omitting very harmful chemicals.

Auction occurs the first Tuesday of the month.

In the rush at the end to get this done, and not being presented with any different quote than the one previously given, it didn't occur to me to think something like this could happen - until it was hours before closing, I felt blindsided and thought maybe I'd missed something, and .... history.Brokers I've worked with in past, conventional, were paid by the lender.  

The beauty of a va loan is when this sort of thing occurs.  

Whether or not it would be a covered claim would depend on what is being alleged and what your role was in the fix & flip.Most policies are written on an "Occurence Basis" meaning that the policy covers losses that occur during the policy period. 

The 60-day period for rolling over the amount of an “offset” of a plan loan is extended to the tax filing deadline, including extensions, for the tax year in which the offset/distribution occurs.

Obviously there is no guarantee and damage can occur within a few days, but it helps keep eyes on the property and can avoid help avoid big issues like this.  

@David Katzwe have asked for two percent of final price as credit in every OOS transaction to defray the lender fees.i have not bought turnkey so dont know if the provider will agree but no harm in negotiating and asking the seller.