We found a burned house to flip, looks horrible inside, but seems like it was only because of the smoke.

I would always recommend going with the full replacement cost so that if it burns to the ground you can actually rebuild. 2.Personal Property Coverage – Covers any personal property you furnish for a tenant or store at the property.

Burn it to the ground, and they do not care. 

Lol, it burned up my dumpster enclosure & a 2nd car because the guy didn't know which gold car was the right car.

Usually it will always be cheaper to renovate existing than to bring in new or used homes unless it is burned down or destroyed by a tornado.I would consult with the manufactured housing organization of the state.

I also want to eat a lot but not get fat. :)If you have a single-member LLC and deposit your income in it - there's no trick to pulling money out.

@Jared Burns There is not any requirement on where you get your HELOC from...though sometimes it makes sense to go to your first lien holder to originate your second lien.

If you find you are getting burned out because you are constantly up late AND up early the next morning, consider examining your overall efficiency.

@Bret Bascue I mean ideally you don't want to get burned in the deal.

I never really want to leave my job to do real estate full time, perhaps for a year, but i'm sure i'll get board, fat, or both.