Remember they rented the house "as is" and were ok with what they saw when then viewed the place. 

Make sure to view the Bigger Pockets book store: https://www.biggerpockets.com/store

Make sure to view the Bigger Pockets book store: https://www.biggerpockets.com/store

Besides liability you are insuring the property itself for somewhere between the loan amount and the market value (some companies are more flexible than others on requiring a minimum per sq foot or % of their view of replacement cost) in order to make the lender whole and protect your equity in the event of a total loss.  

I use Quicken to manage/view my personal accounts, but I’m having problems inputting the equity of each property/business into my net worth. any ideas?

Keep in mind I am the first person viewing this house thus far.

Make sure to do your research on the market/company you are looking to go with.Please view: How to Find the Right Turnkey Real Estate Investment Company for You-or-The Best Types of Markets for Profitable Turnkey PropertiesThat should you give you a bit more information.

Most building departments also make them available for viewing and printing (for a fee).

Yesterday one closed for $635,000 on the lowest floor without a view at all, it had a modest 250 sq ft terrace that only the bottom floor units have.

After about a year of searching, one failed offer, and countless viewings, I found something that would work on the MLS.I had 3 goals going into the purchase:1.)