On most tstats, the amount of time of the delay can be adjusted in the settings.

Many policies for vacant property exclude theft with the exception that some (builders risk and COC) may cover theft of “building materials” - since the AC was already installed it would be a stretch to call it building materials.Last - I bet you have ACV coverage for this type of loss which means they will depreciate for the age of the AC before paying out on a claim.If the cost of the unit is $3000 and it’s 5 to 7+ years old it would be adjusted heavily for age - maybe 50%?

This doesn't really affect the purchase price but it can work the other way around. ie, if it's being assessed as $100K and you pay $200K, potentially your taxes could double once they adjust the assessment to reflect the purchase price.

We do post/beam projects often to add value and adjust floor plans in our rehabs. 

@Wayne Brooks sorry maybe I'm misunderstanding something about mortgages or perhaps I'm explaining poorly.What I mean is that you could adjust the initial loan amount and interest such that 90% of your monthly payment was interest.

But there's nothing wrong with giving yourself a few months to adjust to landlording. 

If the doors were adjusted to a crooked foundation, you might need to readjust or even buy new doors. $$$5.

US housing, right now, on an inflation adjusted, historical standard is expensive. 

As a Midwestern investor we're sort of assuming climate change/water issues are going to make the coasts and the southern states far less attractive in our lifetime.  

As long as you've accounted for that and you dig into to the loan scenario a bit more and adjust the down payment by 1/2% then I don't see any big holes here.