By the way, consider flipping some funds into an IRA which is a great way to invest.Take a look at my signature line and feel free to contact me for further info.

Municipalities must follow state law too, I've found to get the finance department moving, instead of calling them I call the city attorney and tell them they are holding up my sale, that usually means he will call to get things done IAW state law time lines for the release of liens. :)

The bottom line is to try to get on top of the situation as soon as you can.

If they are unsuccessful, then they can go the E&S route (surplus lines market) and very likely be able to find you a policy.

Some investors borrow from retirement accounts or use home equity lines of credit (HELOC).

It also means yiu will have more equity in your project, which is useful down the line when you seek to put your long-term financing in place.  

(Numbers are monthly, pro-forma):Income statement: $1200 rent, roughly $600 in expenses/reserves, $310 debt serviceunrestricted cash flow: about $290 depreciation: $80 (assuming land is 11.5% of valuation) taxable income: (1140-480-203-80) $377The LLC bottom line: acquisition provides a positive cash flow property, $30,000 theoretical equity via member sweat equity, investment of ~$0 net after 'full turn'.What does the long term lender see?

No, we had skipped line X, which was funds to me (I think it may have been the security deposit and pro-rated rent for the month).

If you want to email me off-line, I'm happy to pass along the referrals.

If you need anyone to scout rentals/purchases for me please drop me a line I'm always willing to help a South Houston neighbor!