I usually run my numbers assuming I am trying to release it and what it will take for me to re- lease it.

I use a similar strategy to @Jon Crosby, however recently moved to Allstate as they released a policy that extends your personal homeowners policy to your investment properties. 

Paper applications are outdated, but I do have a section I can have them sign as a release on paper, so I can call their employers, current landlord, etc. 

Typically the title co. has to have both parties sign off on an EM release.  

Many lenders provide for these draws as well and will require that the work be inspected and pass inspection in order for the lender to assure they are being provided a value for the money they are releasing. 

He's also going to start releasing a ton of new content here in the near future. 

Feel free to PM me if you would like a preview before we release it later this year.

Kyle actually just released a book Rockstar Real Estate Investing as well. 

The goal of the 50k is to cover TI,LC's, downtime of lost rent, attorneys fees, tenant rep broker commissions so when the space is released you are almost breakeven with the money.

Going to ask my CPA if I can 1099 the PM for repairs conducted because I was not planning on having payroll or workers compensation.3.Develop a post inspection process on repairs before any compensation is released.