Before exploring it, it's important to note ARV is a construct used more with asset-based lenders than with more traditional, credit-based lenders, where LTV or loan-to-value is one that is more prevalent. 

@Rashaniqua Cason, You can either refinance your property or do a home equity line of credit (HELOC) on it.

I think some of the siding may have also been damaged by snow or ice sliding down the others roof and probably into the side of my building.

Hi, definitely have a rental agreement as well as a background/credit check (many apartment associations provide both which is great).

If there is a huge water leak, you need to pay extra to get someone out there asap to prevent more damage, etc. but a few days for something is similar to what you would wait if it was your own residence.  

@Michael ElfantBuilder’s risk covers damage to the unit being constructed (property)General liability is more like umbrella coverage.

Try a local bank or credit union. 

(not counting our Home Depot credit that is temporary and will be paid off in a few months).

*****Does the letter mean that if the roof doesn't last, that the seller will cover the cost of the roof and the damages that it might incur? 

You need long term debt to make the property cash flow. a HELOC is more like a credit card, it's a revolving debt.