I would have a conversation with your insurance agent on how to structure the policy.

Conversely AAA says Joe Smith, who's that?

Im sending you a private message now. 

@Monique Burns I just send you a private message

Start with wholesaler properties and accumulate some money and after start with rent properties or find money to a private lender or by the seller or a realtor... ???

Are you going to be able to get a building permit without doing a proper conversion?

Late to the conversation but for me the correct way to fix plaster is to remove it! 

@Brandon Lewis if you are flipping I would look time on market, crime, school ratings, which neighborhoods are desired over others, the median price of homes, the price of homes in certain neighborhoods you are looking at, population growth, the top employers and how their business is doing, any city projects planned to boost growth, any large private projects.

Not even my private lenders require an appraisal, because they can look at the comps themselves.

If we decide to sell after a few years in the event that the landlord situation does not go well, I am apprehensive about the capital gains tax (since I am unlikely to want to do a 1031 conversion to another investment property).