The building is a complete gut renovation and with nearly 5,000 SF of building requiring utility upgrades as well as running all new MEP's throughout the 6 units I am already pushing the $500K point.Wanted to reach out and see if anyone has any knowledge on whether this deal is worth pursuing - at this point it seems that she is looking for someone to assume all risk and give her a brand new building with zero effort involved. 

That comes to about 4% of the loan amount after owners title insurance, lenders title insurance, vacant house policy (after 3 months your on your own), recording fees, doc fee, prep fees, etc.  

I wanted to know if any of you have suggestions on what to look for and the things an Apartment Owners Insurance policy should include.   

What I've seen before that works is, in the policy say, if there are any outstanding fees, those are applied to rent first.

Scenario Analysis IRR in "Business-as-Usual" scenarioIRR in early repaymentSalvage value in case of foreclosure – State FC remediation policies, FC cost & timings, LTV, FC types allowed in state, REO sale discount rate, holding costs (taxes, HOA, insurance, …)Is this list missing areas or issues that need to be examined?

Hi Everyone, My name is Heidi and I am completely new to real estate, as in I have ZERO experience :) I work in a real estate management company and I deal with various investors so I decided I would love to explore this field on my own.

There have been Heroin addicts that say cigarettes are harder to quit than smack, but then there is people like my old boss who would smoke a pack a day consistently then just decide 1 day to quit for 3-6 months like it was nothing.What I will say is that I think your policy is too strict for someone who is desperate to rent, it would be fine if you had candidates beating down your doors to get this place but that does not seem to be the case.

I am looking for a blanket type policy for my SFH rentals in Tulsa, OK.

Not trackable and you have zero control over your traffic.

I have ZERO experience in Real Estate, None at all!!!