David,Insurance policies for flips are structured different than those created for buy and holds.Flipping policies will give you coverage during the renovation time period as well as any long term vacancy, usually more than 60 days.A buy and hold policy expects the property to be rented and can deny claims related to major renovations or during a long term vacancy.There are specialized insurance programs built for flipping that most flipper will use. 

(Do they utilize self-showing, lockboxes, supra keys ect.)7) Do you have any tenant guarantee for tenants you place in the property?

I bought the property last year without knowing its history, so I attempted to have the tank pumped only to learn the septic company would either have to tear out the driveway over the tank, or charge me $50/foot to dig and hopefully find the clean-out (though it’s not guaranteed they’d find it).

If you are over 55 you can buy there and tenants seem to stay for long periods of time...plus, retirees don’t usually trash the place. 

Many are written so it is just a rate adjust at 5 years or a guaranteed renewal.

@Mark FriesLove this as I am new to investing period

Rehabbed Property with a Veteran tenant from Non-profit Organization producing 650 a month income guaranteed.

Consider the IRR of your cash flow below based on various holding periods (you can do this in Excel):3 yrs -   IRR is 28%5 yrs -   IRR is 17%10 yrs - IRR is 9%I'm comfortable with a 15% to 16% IRR (i.e.

The property is currently producing 3 times the market rent in this area guaranteed through non-profit organizations What made you interested in investing in this type of deal?

Do you want me to personally guarantee the loan?