I'm looking for a non owner occupied insurance carrier to cover the 5 bed room 3 bath home I am remodeling in cottonwood AZit is set up as a single family dwelling with a addition for a mother in law aptthe city will not allow me yet to be classified as a duplex but for all intensive purposes it is not sub metered sq footage 2864 with arcadia area in middle of homethe purchase was 70k owe about 46k on the property  and it sits across the street from the medical centerall new plumbing, electrical, drywall and heating/cooling unitstill under construction, will need about 30k to complete

I agree with Percy N, you probably need more than your estimated 4K and don't forget all of the holding  costs that can add up quickly such as water, electric and sewer bills, taxes accruing, insurance, ect.  

You might get lucky and they move out since there is no water and electric.

Plumbing is done, electrical done, painting close to done.

I am not sure at this point if I would like to spend my energy to seek the right partner, instead I am willing to spend that time in learning the arts of the trade myself.

I have tenant who has electricity under his name and I have sign landlord contract with electricity company.My question if tenant stops paying his bill Question:Electricity is under tenant name but will get defaulted to me if doesn’t pay it.So my question is what to do in this situation if he is not paying electricity and it get defaulted under my name can I legally tell electricity provider to disconnect electricity while tenant is living there as this is due to his fault not paying his bill for electricity and I have nothing to do with it.thx/

And it has been a priceless investment of time and energy that has resulted in big things for both of us.

Since then, I have renovated the bathroom and master bedroom while adding new electrical panels (main and sub) as well as pluming throughout the home.

You decide where you put your time and energy - as others have pointed out, your frustration is understandable... but having read thru most of the thread, I'd imagine there's a chance you wish you would've just continued ignoring the people you perceived as expecting a handout.. lesson learned (and shared for the rest of us!)

Here's what I'm looking at:10 units 9 2bd & 1 1bdOffer price - $125k*Currently vacant*Needs roughly $60-80k in work- There is only sheetrock, plumbing, electric, and subflooring- I'll need flooring, doors, trim, casing, paint, appliances, cabinets/countertops, light fixtures, duct work for existing HVAC units, other misc. itemsI'm in the process of getting a few bids for the work, but it'll be at least $60k easily.Here's what I'm thinking in the way of financing:20-25% down, commercial loan (if they'll loan on a vacant property needing this much work..????)