This seems excessive and our agent has not responded to our requests for more information.

It would be much simpler to determine a monthly average cost, bump it 15% to cover excess use, and include that charge as part of rent. 

However, do note that excessive credit pulls can negatively affect your credit score and rate can change.Let me know if you have any other questions regarding financing.

It would be better if that earned equity is supported by an excess cash flow (better property selection) or not subject to market/liquidity risks (such as if one successfully sells the property).

The friend took a fat sharpie and wrote his name over my name, and was able to deposit it into his account.

There are also, non-standard or excess/surplus lines options (like lloyds of london) that may also be able to write the coverage

If you are willing to pay more for a property than what the comps say, all you need to do is cover the excess.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Good luck--disgruntled and probably (like you said) underpaid housekeeping, incompetent and excessive mid level management and high turnover with switch board staff created a nightmarish situation for us---hopefully your experience is better.

Things that will be an issue for the Builders Risk:- some living there during the reno  (that is a very tough one)- prior water of fire damage claim (many regular companies will not do this so you may have to get coverage in the Excess/Surplus market (Lloyds of london, etc...)- delay in the start of construction (you may have to insure it as a vacant dwelling then switch to the Renovation Builders Risk when you are Ready to start)