Additionally, providing space for home-based businesses or shared offices may appeal to those needing occasional in-person meetings.

In some situations, it may make sense to hire a pro to get the job done quickly and correctly, then you can rent it out earlier and offset the additional cost, or at least part of it.My first house took me six months to renovate.

I think most of us legit lenders are going to take LTC into consideration in addition to ARV.

in addition, some prohibit rentals or have rental quotas, most of which are already reached and effectively are prohibitions. 

↓The bank receives a fixed rate return↓And the investors keep all the upside!

I appreciate any additional input Chris! 

****Just to clarify, I'm talking 2 or 3 years down the road after I have successfully completed 5 or 6 flips and have the additional income and experience to show for it.

In addition to many insurance providers pulling out of the state of Florida, we heard of big insurance issues in coastal cities in South Carolina, Georgia, etc.

FSU, NCDOT & CCS are investing an additional $130 Million into the areas around Murchison as well. 

Personal Property: $30,000                    Personal Liability: $300,000                    Replacement Cost: Included                    Medical Payments: $1000                    Loss of Use: $6,000                    Property Damage to Others: $500                    Mold Property Damage: $10000                   Mold Liability: $50000                  Tenant Pet Damage: $500                  Additional Interest: Myself (the landlord)2) With above coverage added to renter insurance, do I make it mandatory for the tenant to have a separate pet liability insurance?