I can finally post the update!

General rule of thumb when I deploy capital on investment.You can always improve return through updates.

Then kindly tell them you made an improvement list of all the updates you made since owning the home and let them know of any recent updates made by previous owners.

Both of these redevelopment projects are still in process in Wisconsin, but I will absolutely keep you updated on how they go.  

Does anyone have any recommendations for an insurance company that will insure a finished and updated, yet vacant multi family building (not a remodel under construction)?

My wife and I would like to find something that will pass a va appraisal but is a good deal that needs updates that we can do over time, that way we can have equity and cash flow.

I purchased the unit in 2016 for $309,000, and immediately updated the floor (changed from carpet to hardwood) and smoothed out the ceiling (had popcorn ceiling) which together costed $6000, so total $315,000.

Building is in reasonable shape and units have various amount of updates Overall decent building in rural and safe area.

These offices are responsible for continually updating every single parcel in the area.

I purchased a serious value add 12 unit apartment building in Indianapolis in April of 19' and spent the last 9 months completely turning it around:- Over $150k in renovations: new roof, completely updated common area, most units renovated and turned, new furnaces, plumbing and electricity updates.- Went from 9/12 units occupied, mom and pop managed and  all well under market rents and most not paying on time.