@Gerald J Flattmann III Hello, I service the San Tan Valley and Apache Junction area for investors and provide Property Management in the same.20 years in Arizona, all residential in the SE Valley with the last 6 as Property Management.I manage everything from single family to 12 plex at this time.

It’s a third story addition, which is no petty construction task, so if you are the GC of record, you are gonna have to start making phone calls to insurance providers to see IF they’ll insure you as an unlicensed entity.  

I would have inlcuded in the scope of work they need to provide temporary access OR had them work double shift to get it done faster. 

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Really looking forward to engaging with others on this platform.

If anyone has tips or things to watch out for, please provide.  

Flipping requires you to continue to do deals to make money while renting provides a steady income.

If you start trying to sell a home that has to be removed- you are now in a very different situation that very few guides, tax assessments or insurers will be able to provide insight. 

These options are usually much more expensive, also, and very few private/hard money lenders will provide take-out financing.

Focus on performing your day to day operations in a manner that will reduce the risk of claims in the first places such as hiring reputable service providers, sign contracts each time you engage a 3rd party vendor & collect insurance certificates where you are listed as additional insured from everyone who performs work on a property you own or provides a service related to a property you own.