The problem is, in a partial loss they policy would only pay on the depreciated amount reducing your claim payment.Replacement Cost is the cost, in today's dollars, to rebuild the structure with the same kind and quality. 

(REALLY need one ASAP 😎)--Any advice on how to build and structure a LEGIT real estate plan?

In a court proceeding, a judge can rule that your LLC structure doesn’t protect your personal assets.

Always consult with an attorney if you aren't sure how to structure this type of agreement. 

He recommended applying for the rent certification immediately after closing.Another thing he noted is that the structural integrity must maintain over 70% per the building inspector or the structure must be torn down and not able to build any more units.  

Home was built in 1978 but was in excellent structural shape.

A common misconception is that you need a formal business structure such as an LLC in order to get a business credit card, but all you actually need....is a business. 

You don't want the additional expense of repairing damaged structure.

If the name is a popular one and the split isn't too your liking, check out some of the smaller groups and see if the relationship as well as deal structure is more to your liking.

We hired a structural engineer to take a look at it and draw up plans.