Evidence of insurance 8.

We will soon be closing on a property in Marion, Kansas and we will need a good, professional, reasonably priced bonded and insured electrician for several tasks needed for compliance and upgrades.

I'm attending for a specific property that I have the title info.

The property belongs to the one who holds title to it and is not officially responsible for the payments since the loan is not in his name.

Without taxes and insurance the mortgage payment is just under $900. 

This is one of the only deals I've seen where cashflow isn't negative. 1968 triplex with 3 car garage on the market for 71 days.Purchase price: $289,900Estimated cost of repairs:  $5000ARV: $335,000 (this is best guess with what comps I was able to dig up)Closing costs: $2500Down pmt: 25% ($72,475)Loan amt: $217,425 amortized over 39 years @ 5% interestUtilities are paid by tenants so I would only have to worry about trash ($84/mo), insurance ($167/mo).Maintanance and repairs: $132.10CapEx: $264.20Vacancy: $132.10Property taxes: $279.67Rental income: $2642.00Cash flow: $415.75Cash on cash ROI: $6.24%I have not walked the property so I can't be certain what the HVAC or roof look like.  

Kyle,Property Insurance generally is written on an "occurrence basis" meaning that the policy in force at the time of loss is the one that pays. 

@Sade Williams,Is the buyer attempting to contact the HOA or is the buyer's title company and the buyer is simply using the wrong pronoun?

I saw some recommendations from other threads, but not sure if the specialties align (although anyone can create an LLC and draft an operating agreement I suppose).Also, are closings typically done by title/escrow or an attorney?

The title is in my name but I've been paying on the loan which is in my uncle's name.I've got the funds together to pay off the loan with cash.