Have you squared away your financing and met with a real estate agent to help guide you through the process and outline expectations of what you're in for?

If you wholesale what do you have in your contract and if you have a template or outline that will be amazing.

But I have never seen a policy that outlined this or specified how much they'd cover in the event of damages.

@Duke Giordano I think you outlined the main issues very well.  

Supervisor should be able to outline the options, or at least answer your questions in regards to.

If you plan on buying an flipping you will want to have a very detailed outline with your team here in the states on how that will work and who will be responsible for that.

I started working on "My Master Plan" which is basically an outline of everything I have learned about BRRRR.

They will email you after the auction ends with their counteroffer and you can either decide if that price works for you and if not it will go back up for auction as you outlined. 

I am a real estate agent with a year of experience in multi family,I may now have the opportunity to sell an automotive body shopthat will most likely be a re development or infill development,I am un experienced in this sector, can I outline what I have done so far and tell me what other issues I should be thinking about ?

@Jacob Dodson, you did not provide all of the info needed.But the name of BRRRR outlines the steps: Buy, rehab, RENT, refi.