As the wholesaler, do you have to tie up the property that you intend of turning over to an investor, with legal documents?

Remember, most are unlicensed and brokering without a license, have no accountability to state boards, operate as fringe operators skirting laws, may be correctly called public nuisances, have no insurance, etc.

The homeowners are wanting to get out of the houses before the insurance money comes and some are under the impression that they can pocket the insurance money and give me the house.

Licensed insured bonded. 

Best option is to simply have adequate insurance coverage (must have anyway).

I would check with your attorney or accountant, but if the renovator sells you the house for $200K all in (and your counsel has the necessary documents signed) then the HST could be deemed to have been included in the price.

Hello,Our duplex is insured as a single family home.

It looks like just one section had a tree come down on one section but considering what I have seen from this storm, the damage looks really minor.Now we went through our insurance for damage on our own home but how would buying something like that work?

So that's another $475/mo total for both.Did you also include insurance?  

One draw is the large insurance company there, which brings in new employees and their families.