I may ask the title company if they will at least close while not insuring that particular item.

We were able to itemize instead of taking the standard deductions on our individual tax returns while it was our primary residence, by deducting mortgage interest, taxes and qualified improvements, but then learned the power of the P&L and taking business deductions against the passive income to offset our tax liability.

After the inspection, the inspector found several items that needed immediate attention like drain pipe in crawl space was disconnected from house, new AC units were needed and a few more items that the seller actually agreed to repairing before closing.

@Kevin Keith BeckI am a contractor as well and I agree it's not he contractors responsibility to pay for unforeseen items.

After having several conversations with investor.

Be vocal and intentional with your conversations.

In the meantime they can cross shop and buy items they need or want in the store.

Can anyone please share some insight as to some specific items to look out for in hard money loan agreements and insurance policies for a fix and flip?

Condo conversions are very tricky and you need to make sure your plans, specs, approvals and money are all in place before you proceed. 

Garage Conversion.