@Shawn Burns give them required notice upon closing on property.

One of my biggest markets for properties is burned out landlords that did not purchase or manage their rental properties correctly and what appreciation the did get was quickly lost dues to deferred maintenance.I always look at a rental property as I want it to be a self-sustaining investment.

Truth is most lenders just turn and burn primaries all day and don’t want to work with people who aren’t living in it because it’s outside of their box. 

So, this got me thinking and I approached him with a possible solution to his "problem" so he won't have to commit fraud and "burn it down". 

If it is a burned out coil or coil plug, I would almost definitely replace.

I have family in El Paso and Binghamton and visit frequently so if anyone has advice and or wants to burn brain cells in the East Bay, Bingo or El Chuco, let me know.

I totally agree with your point that if the property burns to the ground next week, and you have two different underwriters with liability -- one to you, and one to your wrap buyer -- neither insurance company will want to pay a penny.

I have seen many wholesalers crash and burn because they didnt take the time to learn what the heck they were doing.

Then keep burning the candle at both ends and build up a bigger cash reserve.Cash is king. 

I am prepared to move ahead, but want to pick the optimal partner who can be effective yet not a large name that we burn thru few years of my cashflow on these units.