I will keep the existing property insurance in place a supplement it with a second policy. 

I did not pay for incomplete work, I put them on notice that I was supplementing the work force, I had to put material on the project and deducted from the contract.

Also regular inspections will enable you to spot any maintenance issues.  

Without giving away too much of what is an ongoing process of discovery, this gave me greater clarity  - could I keep the property filled at the right price that enabled the investment to pay for itself?

This thread was initiated not to agree on the best return metric but as an academic exercise to enable me to understand why the annualized return (IRR) goes down over time for a subject property I was analyzing. @ Stephen Greenway correctly explained that the decreasing irr comes from holding the property and averaging more modest and sustainable cash flow returns over the long haul bringing down the initial "flip" return. 

That is a high priority for me to develop supplemental investment income from real estate to add with my recreational income so that I can purchase more real estate assets over time.

You will be left with the cards I made)).Mastering Real Estate Principles by Gerald Cortesi (5th edition) - good supplement for your studies.andThe Study Guide for Modern Real Estate Practice (19th Edition) with some notes, scribbles and highlighting.First come. 

Define you goals so as to be able to establish criteria which will enable you to more easily make decisions on individual investments8.

Most of this growth is being channeled into the western urban county.There's enabling land use legislation in the works: As of today, Snohomish county is nearing the end process of lowering the lot size minimums for Duplexes to the same size as SFR, instead of 150%, so conversions should be relatively simple to permit. 

This enables me to simply assign the LLC to an end buyer rather than assigning a contract.