If there is no appraisal contingency or the appraisal contingency has been waived or removed, then failure of the Property to appraise at the purchase price does not entitle Buyer to exercise the cancellation right pursuant to the loan contingency if Buyer is otherwise qualified for the specified loan.

All of my lenders lend 100% of purchase and rehab, so long as it doesn't go past 70-75% LTV.No savvy lender will go past 80% is it puts the lender and the project at a far greater risk of failure.

Imagine a visitor is injured due to negligence of the owner (i.e. landlord's failure to fix unstable stairways), then both of these coverage would be useful, right?   

Every door should have a wall protector or spring door stopper, that was defiantly a failure on your part.

@Alex Show  Your success or failure will be based off your management, which resort and your theming.

This question allows me to benefit from their passion.How has failure shaped your life?

I know a lease-opiton is typically a good strategy, but I don't want to set her up for failure just to make a dollar. 

This sounds like a failure on their part.

Always calculate Failure. 

Failure to get an understanding of this plan can very easily result in "unexpected" Special Assessments or dramatic increase in HOA fees.Check to see if there is a local chapter of the Community Association Institute in your area, and join up if you are serious about condos.