Transitioning from builder’s risk to a regular property insurance policy might be the way to go if the sale takes longer than expected.

Rental property owners expecting high occupancy may need to adjust their timelines and rental projections.On the flip side, this delay also presents a unique opportunity for strategic investors.

So sometimes you have to temper your expectations.

That is if he gives a Sh t. 

@Dave AllenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

If I reach out to a realtor, will they expect me to pay them to collect comps for me? 

I would just set that expectation up front.

For this situation, communicate very clearly and bluntly with the tenants and try to realign expectations so they don’t do this same with you.

You could get a broker dealer but expect to pay 5-10% in commissions for every dollar raised.